Alice Queen has continued the successes of past explorers by intersecting high-grade epithermal gold mineralisation at its Viani project in Fiji.
The high-grade hit came from Alice Queen’s maiden drillhole targeting the Dakuniba prospect, where low sulphidation gold mineralisation had been previously mapped over a 3km area.
Alice Queen said several zones of gold were intersected between 103.5m and 166.88m of depth, with the best results including 1.9m at 8.52 grams per tonne (g/t) gold and 13.1g/t silver, including 0.7m at 17.6g/t gold.
The company also hit 1.25m at 2.24g/t gold and 12.48g/t silver, including 0.5m at 4.77g/t gold and 24.8g/t silver.
Mineralisation from drillhole 24VDD001 was intersected about 40m below JICA’s previously drilled drillhole MJVFV-5, which intersected 2.2m at 11.3g/t gold. Alice Queen said this confirms the continuity of mineralisation.
“While it is too early to call this a ‘discovery’, it certainly seems to me that this has all the hallmarks of one,” Alice Queen managing director Andrew Buxton said.
“Now that we have been able to replicate the high-grade gold hit that JICA made in the 90s, with more than 3km of surface gold anomalism still to test within a large 200km2 tenement area, and with drilling continuing on site, it feels like just a matter time before we can claim Viani as the “next big thing” in the exciting and evolving story of gold mining in Fiji.”
Alice Queen has completed a second drillhole, 25VDD002, which has intersected a similar quartz vein about 80m below drillhole 24VDD001. Assays are pending.
A third drillhole, 25VDD003, is in progress and targeting a zone 100m below 25VDD002.
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