Exploration/Development, Gold, News

Kalamazoo digs deep for Victorian gold

gold, larvotto

Kalamazoo Resources has completed a 464m reconnaissance diamond drilling program at the Mt Piper gold project in Victoria.

In particular, Kalamazoo targeted the Goldie North prospect, where historical workings had yielded gold mineralisation as high as 74 grams per tonne.

The latest drilling program consisted of four drill holes designed to test high-grade rock chip sample gold assay as well as anomalous soil geochemistry.

Numerous gold intercepts were returned from narrow intervals which provided guidance on overall structure of the mineralised system, which is the subject of ongoing structural and targeting studies.

The best interval was 0.15m at 13.9 grams per tonne gold from a depth of 17.48m in GN23DD04. Several other narrow intervals between 0.1m and 0.32m returned between one and five grams per tonne gold.

Kalamazoo’s Mt Piper project, which lies 75km north of Melbourne, is considered highly prospective or epizonal, high-grade gold and antimony deposits. All tenements within the project are considered under-explored with very limited shallow drilling, and not subjected to modern exploration techniques.

The Mt Piper gold  project is located adjacent  to Agnico Eagle Mines’  large exploration land tenure and 30km from its world-class Fosterville gold mine.

The project is also situated between Mandalay Resources’ high-grade Costerfield gold-antimony mine and Southern Cross Gold’s Sunday Creek project, which  recently announced significant drilling intersections including an intercept of 455.3m at 7.2 grams per tonne gold.

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