High-grade drill hits extend Wilsons deposit

30 January 2008 | 03:09 Code : 16635 Geoscience events
Apex Minerals NL has received further positive results from drilling at the....

  Apex Minerals NL has received further positive results from drilling at the Wilsons deposit at the company’s Gidgee gold mine in the Eastern Goldfields of Western Australia.Drilling at Wilsons has discovered extensions to the Wilsons 1 and Wilsons 3 shoots and further confirmed the continuity of high grades within the core zone of each shoot. Apex said the results from this drilling would form the basis of an interim mineral resource estimate, scheduled for completion in February. The company said drilling will continue at Wilsons to scope out the limits of the newly discovered extensions to the Wilsons 3 shoot and to provide selective infill in key areas to maximise the Indicated Resource component of the overall mineral resource estimate, prior to commencement of a feasibility study.Apex’s Exploration Director, Dr Mark Bennett said: “The resource drilling has gone extremely well, identifying robust high-grade cores within all three shoots, extending the strike length of the Wilsons 2 and 3 shoots, confirming the down dip continuation of the Wilsons 1 shoot, and discovering the depth extension to the Wilsons 3 shoot.”“All three shoots remain open down dip, with the Wilsons 1 and 2 shoots currently drilled to a depth of 500m below surface and the Wilsons 3 shoot only drilled to a depth of 250m below surface,” he said. “Our next aim is to delineate a further 250m dip extent of the Wilsons 3 shoot to prove up all three shoots to a depth of 500m, and to continue infill drilling within self imposed cost and time constraints to ensure that as much as possible of the overall resource attains Indicated status.”

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