Nice Southern Mining (ASX:GSN) stated on Wednesday (August 21) that it has kicked off reverse-circulation drilling at its Duketon gold mission, located in Western Australia’s Jap Goldfields area.
Drilling will start on the Golden Boulder prospect earlier than newly outlined targets on the website are examined.
Acquired by Nice Southern in February 2021, the Duketon property is positioned inside the Duketon Greenstone Belt, which it shares with gold producer Regis Assets (ASX:RRL,OTC Pink:RGRNF).
Golden Boulder traditionally produced 1,915 tonnes at 28.6 grams per tonne of gold.
“(Golden Boulder) specifically hosts all three of the principle mineralised buildings within the Duketon Greenstone Belt and has seen little or no drilling for the reason that Nineties,” commented Matthew Keane, managing director of Nice Southern.
In a mid-July press launch, Nice Southern mentions the Amy Clarke and Boundary prospects along with Golden Boulder. The corporate stated a number of geochemical soil surveys achieved this 12 months have helped it outline new gold anomalies northeast of Amy Clarke alongside the Backyard Effectively pattern. The surveys have additionally strengthened Boundary’s prospectivity.
In line with Nice Southern, gold floor anomalism at Boundary, which is positioned south of Amy Clarke, additionally on the Backyard Effectively pattern, is as much as 10 instances larger than different prospects coated beneath its tenure.
The Backyard Effectively pattern is residence to Regis Assets’ 5 million ounce Backyard Effectively deposit.
“We’re eager to execute an environment friendly and price impact program and can eagerly await the assay outcomes over the newly outlined targets,” Keane added in Wednesday’s press launch.
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Securities Disclosure: I, Gabrielle de la Cruz, maintain no direct funding curiosity in any firm talked about on this article.
