Avoca musket discovery at Higginsville

21 April 2008 | 03:45 Code : 17183 Geoscience events
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Avoca Resources Ltd announced on Monday that it has intersected high grade gold...

  Avoca Resources Ltd announced on Monday that it has intersected high grade gold mineralisation at its 100% owned Musket Prospect, located 40km south-east of Trident, at Higginsville in Western Australia.The intersection from surface diamond drill hole SISD001 assayed 18m @ 10.9 g/t gold from 68m. The result is from the first of three diamond drill holes designed to test the shallow mineralisation defined by earlier RC drilling that included previously reported results such as 3m @ 9.9 g/t gold from 13m, 10m @ 2.9g/t from 67m and 16m @ 2.1 g/t gold from 73m within the Silver Spear project area. Assays are awaited on the remaining two diamond drill holes. Avoca considers the results as highly encouraging and will embark on a detailed drilling program aimed at identifying the extents and orientation of the shallow high grade mineralisation. Musket may represent Avoca’s second discovery outside the main Higginsville gold camp, following the Wills discovery announced in July 2007, which is located 25km north of the Company’s flagship Trident gold mine. The mineralisation, which extends to the surface, is characterised by a highly silicified and sulphidised shear zone within a felsic rock type exhibiting broad alteration. Abundant visible gold is evident over several sections within the broader intersection. Importantly the mineralisation remains open at depth, which will be the subject of deeper drilling in the coming months. Avoca’s focus at Musket is to prove up sufficient resources to develop an open pit mine capable of providing additional feed to the Company’s new 1 Mtpa Higginsville treatment plant, which is due to be commissioned in June this year.

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