- Miners ActivEx has found high-grade gold, silver and lead at its fully owned Gilberton project
- Gold grades up to 40.5 grams per tonne were identified at the Mt Hogan open pit
- Testing will continue at the project and a drill campaign looks likely over the next year and a half
- ActivEx’s share price remained flat today. Shares in the company are currently worth $0.18 apiece
Miners ActivEx has found high-grade gold, silver and lead at its fully owned Gilberton project, Queensland.
Assay results from the Mt Hogan open pit returned results of 40.5 grams per tonne of gold, 223 grams per tonne of silver and 22.6 per cent lead.
Testing at the Perryvale, Alcade and Limonite prospects also demonstrated high-grade results.
“These results confirm that the Gilberton Gold Project remains a high priority exploration target for 2019-2020 field season and beyond,” according to the company.
The project’s geological features make it comparable to the world class Kidston breccia which hosts gold and silver deposits.
Going forward, portable x-ray fluorescence surveys and rock chip and conventional soil sampling will be conducted at the Gilberton project.
A drill programme targeting multiple sites is being planned over the next year and a half.
ActivEx’s share price remained flat today. Shares in the company are currently worth $0.18 apiece.