- Rox Resources has commenced an 8,000-metre drilling program at its Mt Fisher Gold Project
- The drilling will target gold mineralisation that was identified in
- The program will run for five weeks
Rox Resources has confirmed that it has commenced a substantial drilling program at its Mt Fisher Gold Project in Western Australia.
The drilling is targeting a shear zone hosted gold mineralisation in mafic / ultramafic bedrock that was outlined by earlier and shallower drilling.
A 117 hole for 7,322-metre air core drill completed in 2017 returned strong results and helped define reverse circulation (RC) drill targets at Mt Fisher. New targets were identified at Damsel South and existing targets at Dirks and Shiva were confirmed and upgraded.
Rox has previously identified resources of 1.025Mt at 2.70 g/t gold at Mt Fisher.
This upcoming program is designed to extend the resources and follow up the new target zones. This will be done by a RC follow up drill of the 2017 air core drill and drill of historical gold intersection with strong potential to add significant resources.
Mt Fisher is considered under explored due to a deep weathering profile obscuring most of the basement structure rendering historical soil sampling ineffective.
The majority of known gold mineralisation is found in soil and suggests a significant basement source rather than enrichment. A basement source has not yet been found and tested.
Mt Fisher has a gold mineral resource of 1.0Mt at 2.7 g/t gold for 89,000 ounces contained gold with past production of 27,000 ounces of gold from the gold mine.
Rox will provide updates when they are made available.