Exploration and mining company Intermin Resources Limited (ASX: IRC) continues to report strong results from its Teal gold project in Western Australia’s Goldfields.
The company said its reverse circulation (RC) drilling programme at the 100% owned Teal gold project located 11km northwest of Kalgoorlie-Boulder had returned some high grade intercepts, including 26m @ 7.81 g/t Au.
The drilling campaign was designed to test for extensions to known mineralisation at the Jacques Find prospect and to test an Induced Polarisation (IP” anomaly which trends for over 600m along strike at the Yolande prospect.
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Nine angled RC holes for 1,308m were completed to downhole depths of 54m to 184m and tested Resource extension and exploration targets along the Jacques Find trend which strikes sub-parallel to the Teal and Peyes Farm prospects.
Drill hole JFRC1704 was drilled beneath the southern Jacques Find Resource boundary and returned an outstanding intercept of 26m @ 7.81 g/t Au from 48m and 16m @ 5.33 g/t Au from 86m.
Intermin’s Managing Director Jon Price said these excellent widths and grades clearly demonstrate the potential scale and quality of this large new mineralised system in the heart of the WA Goldfields.
“The new results at Yolande are also encouraging as the mineralisation appears to be related to the IP anomalies north of the Jacques Find discovery where very little drilling has been conducted to date. This area has now been prioritised with follow up drilling now commenced.”
Due to the quantity of high grade mineralisation discovered in JFRC1704, a new priority follow up RC drill programme has commenced. This will comprise five holes for approximately 550m. Three holes will be completed near JFRC1704 and will help provide further detail on the geometry of this shoot.