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- Red Dirt Metals (RDT) gets the last batch of results from drilling at the Eureka gold project in WA
- Grades include up to 48.75 grams of gold per tonne (g/t) over three metres and the company identified a new structure within a separate hole which returned 11.2g/t gold
- Red Dirt believes the results demonstrate the potential for a further discovery at the Eureka north area
- RDT is currently drilling its recently acquired Mt Ida project but plans to return to Eureka before the end of the year to follow up on these drill results
- Company shares have ended the day 9.15 per cent in the red at 74.5 cents
Red Dirt Metals (RDT) has received results from reverse circulation (RC) drilling at the Eureka gold project in Western Australia.
This third phase RC program included 13 holes, for 1816 metres, and all assays have now been received.
Latest results include three metres at 48.75 grams of gold per tonne (g/t) from 129 metres and one metre at 5.97g/t gold from 108 metres.
Hole WRRC0136 also returned a pleasing result of four metres at 11.2g/t gold from 32 metres. The company said it identified a new structure within the hole which lies to the east of the modelled resource area. The four-metre composite will be resampled and assays will be reported once they’re available.
CEO Matthew Boyes was pleased the Eureka project has continued to deliver “exciting numbers”.
“High-grade intervals intersected below historic workings and along strike from our existing resource demonstrate the potential for further discovery at the Eureka north area and within the extension to the north-east within the main Eureka structural corridor,” he said.
The company will now prioritise drilling at the recently acquired Mt Ida project. However it hopes to return back to Eureka before the end of the year so it can follow up on today’s reported drill results.
Company shares ended the day 9.15 per cent in the red at 74.5 cents.
