Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • NTM Gold has reported high-grade results from its Redcliffe Gold Project near Leonora, Western Australia
  • NTM conducted a 22-hole infill and extensional reverse circulation drilling program at the Hub and Redcliffe East prospects
  • Results have shown substantial potential for Redcliffe
  • The company is commencing a follow-up program next week

NTM Gold has reported high-grade results from its Redcliffe Gold Project near Leonora, Western Australia.

Recent drilling results are the last batch of results from the company’s infill and extensional reverse circulation (RC) drilling program at the Hub and Redcliffe East prospects.

The program consisted of 22 holes for 3320 metres. 17 holes were drilled at Hub and five were drilled at Redcliffe East. Results for the first seven holes were reported on August 14 2019.

At Hub, best results include 7m at 7.8 g/t Au from 55m, including 3m at 10.7 g/t Au and 10m at 4.0 g/t Au, incl. 3m at 6.9 g/t Au.

Exploration at Hub has shown that the higher grade mineralisation appears to be associated with a westerly dip of the mineralised zone which will help target future programs.

At Redcliffe East, RC drilling tested the strike and depth extent of mineralisation. Drilling returned several broad intercepts across a 200-metre strike.

Best results include 14m at 2.3 g/t Au from 41m, including 3m at 4.4 g/t Au and 20m at 1.4 g/t Au from 164m, including 3m at 2.8 g/t Au.

Redcliffe East has demonstrated good widths and high grades remaining open at depth and along strike.

“Drilling continues to demonstrate the substantial potential of the Redcliffe Project, with further high grade results from Hub and wide intersections at Redcliffe East. NTM continues aggressive drilling of the Project to fast-track and substantially grow the resource at Redcliffe,” NTM Gold Managing Director Andrew Muir said.

NTM is commencing a diamond drilling program next week. This will be followed by further RC drilling at both prospects as well as Barry North, a new target.

NTM by the numbers
More From The Market Herald
Vimy Resources (ASX:VMY) - Interim CEO, Steven Michael

" Vimy Resources (ASX:VMY) advances controversial Mulga Rock Uranium Project

Vimy Resources (VMY) has submitted a notification of ‘substantial commencement’ for the Mulga Rock Uranium Project in Western Australia.
Bardoc Gold (ASX:BDC) - CEO, Robert Ryan

" Bardoc Gold (ASX:BDC) confirms extensions of Zoroastrian deposit

Bardoc Gold (BDC) has announced most recent assay results from the Zoroastrian deposit within its namesake project “exceeded expectations”.
Albion Resources (ASX:ALB) - Executive Chairman, Colin Locke

" Albion Resources (ASX:ALB) intersects shallow lead-zinc mineralisation at Pillara East

Albion Resources (ALB) has intersected shallow zinc-lead mineralisation at the Pillara East target in Western Australia.
Breaker Resources (ASX:BRB) -

" Breaker Resources (ASX:BRB) sees further potential at Manna

Breaker Resources (BRB) has seen further potential for the Manna lithium prospect as a significant lithium discovery.