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Bardoc Gold (ASX:BDC) - CEO, Robert Ryan
CEO, Robert Ryan
Source: Bardoc Gold
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  • Bardoc Gold (BDC) has announced most recent assay results from the Zoroastrian deposit within its namesake project “exceeded expectations”
  • The results include grade of up to 166g/t with other results including 7.22 metres at 3.45g/t of gold from 214.9 metres including 2.43 at 7.58g/t from 219.69 metres
  • Drilling has extended mineralisation and defined the Bank of England lode at depth
  • BDC plans to use the results and undertake infill drilling to update the Zoroastrian deposit’s mineral resource estimate
  • Bardoc Gold ends the day trading red by 1.54 per cent and sold for 6.4 cents apiece

Bardoc Gold (BDC) has announced most recent assay results from the Zoroastrian deposit within its namesake project “exceeded expectations”.

The company received assays of up to 166 grams of gold per tonne (g/t) which helped to extend the multi-lode mineralised system below the current resource.

Additional results included 7.22 metres at 3.45g/t of gold from 214.9 metres including 2.43 metres at 7.58g/t from 219.69 metres and one metre at 33.52g/t including 0.2 at 166g/t of gold from the KND210009.

Other positive results included 9.62 metres and 5.13g/t of gold from 199.46 metres and 4.2 metres at 6.08g/t of gold from 279.25 metres.

The drilling delineates an extension to the Bank of England footwall lode at depth but is not part of the underground resources.

The current ore reserve at the Zoroastrian deposit is 98,000 ounces and is based on mining of only three of the multiple lodes present. Zoroastrian has a total resource of 7.5 million tonnes at 2.2g/t gold for 530,000 ounces gold.

According to the announcement, the Bardoc Gold Project has ore reserves of one million ounces within a total resource of 3.07 million ounces.

“This important drilling program has not only increased our confidence in the Zoroastrian South Lode – paving the way to upgrade Inferred ounces to the higher-confidence indicated category – it has also vindicated our belief that Zoroastrian is capable of delivering additional high-grade ounces over the longer term,” Executive Director Neil Biddle said.

“These are important results which reinforce the huge upside that we see across the Bardoc Gold Project.”

Bardoc Gold ended the day trading red by 1.54 per cent and sold for 6.4 cents apiece.

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