- Bardoc Gold (BDC) has intersected additional broad zones of gold mineralisation at the Aphrodite deposit
- This deposit lies within the company’s namesake gold project in Western Australia
- Gold grades from this program peaked as high as 15.86 grammes per tonne and have reinforced the quality, continuity and grade of the deposit
- The company is now waiting on results from reverse circulation drilling at the Mayday North deposit and results are expected in the coming weeks
- Bardoc is up a slight 1.20 per cent on the market and shares are currently trading for 8.4 cents each
Bardoc Gold (BDC) has intersected additional broad zones of gold mineralisation at the Aphrodite deposit.
Aphrodite lies within the company’s namesake Bardoc Gold Project which covers an area of 250 square kilometres and is located 35 kilometres north of Kalgoorlie in Western Australia.
The deposit has total ore reserves of 500,000 ounces, comprising of open pit reserves of 2.83 million tonnes at 2.3g/t gold for 210,000 ounces and underground reserves of 2.38 million tonnes at 3.7g/t gold for 290,000 ounces.
Results include; 15.1 metres at 6.58g/t gold from 418.1 metres including 5.3 metres at 15.86g/t gold from 418.1 metres, and 6.7 metres at 3.01g/t gold from 402 metres.
These results give the opportunity for the ore reserves to be expanded and have also reinforced the quality, continuity and grade of the Aphrodite deposit.
“The strong drilling results from Aphrodite continue to build confidence in our mine plan, which underpins the song financial metrics within the pre-feasibility study (PFS),” CEO Robert Ryan said.
“Reverse circulation drilling has now commenced at Zoroastrian, Excelsior and Aphrodite, as we work towards our next comprehensive mineral resource update for the Bardoc Gold Project which we are targeting in the September quarter,” he added.
Bardoc is now waiting on results from reverse circulation (RC) drilling at the Mayday North deposit, and these are expected in the coming weeks.
The company will also undertake geotechnical drilling at the Excelsior Pit to allow final designs to be submitted for a definitive feasibility study.
Bardoc is up a slight 1.20 per cent on the market and shares are trading for 8.4 cents each at 11:39 am AEST.