Bardoc Gold (ASX: BDC)
Published an updated corporate presentation.
This includes the recent drill results as well as future plans for the DFS in 2021, and the current drill campaign to raise the resource number.
.
.
.
.
.
Bardoc Gold (ASX: BDC)
Published an updated corporate presentation for the forthcoming Beaver Creek conference.
This includes the recent drill results as well as future plans for the DFS in 2021, and the current drill campaign to raise the resource number.
Bardoc Gold is fully funded through to the completion of the DFS and an investment decision.
.Bardoc has just announced the commencement of a 40,000 metre drill campaign to increase the resource number at their Bardoc Gold project, located 40 km away from Kalgoorlie in western Australia.
To view the presentation, please click HERE
.
BARDOC TECTONIC ZONE
Bardoc Gold has recently engaged the services of respected geological consultancy Model Earth. The team at Model Earth has reviewed the Bardoc Tectonic Zone and is working with the Company’s geologists to
update the regional structural architecture to account for the latest thinking and targeting practices with a view to support exploration drilling scheduled to commence later this year.
.
Of particular note is the work in targeting the thick sequences of the Black Flag Beds present on the Company’s leases. The Black Flag Beds have been underexplored over the past 30 years until the discovery of the +2Moz Invincible Deposit within fine grained sediments at St Ives.
Bardoc Gold has spent considerable effort in geophysical assessment and collection of over 2,300 rock chip samples from historic RAB drilling that has never been assessed with detailed geochemistry. Applying modern
techniques to existing data saves considerable drilling cost and maximises the value of the current sample datasets.
The plan below highlights the Black Flag Beds and the key regional structures of the Bardoc Tectonic Zone and Black Flag Fault. With the development of modern exploration models based upon the latest gold mineralisation thinking, the Company is confident that it has the knowledge and ability to be successful in its
exploration efforts along this major trend.
Company details – Bardoc Gold Limited (ASX: BDC)
.Focused on building a substantial long-term gold business in Western Australia’s Eastern Goldfields through a combination of exploration, acquisition and strategic consolidation.
In September 2019, Bardoc announced a 17% increase of the Global Mineral Resource to 3.02 M oz following a successful drilling and acquisition strategy, supporting open pit and underground mining studies; an important step towards its objective of building a significant new mid-tier Australian gold company.
The Company’s other assets include the South Woodie Woodie Manganese Project in WA’s Pilbara region.
Bardoc completed a transformational capital raising in July 2020, which was strongly supported by a number of leading Australian and international institutional and strategic investors. The capital raising increased Bardoc’s cash reserves to over $35 million, putting it in a very strong position as it makes the transition from explorer to developer to producer.
andrew@city-investors-circle.com
.
.
Disclosure
Disclosure: I am long BDC
The writer is not a Registered Investment Advisor or Financial Planner. This article is for informational purposes only. It does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction.
The information contained in this writing should not be construed as financial or investment advice on any subject matter.
All the information used in the preparation of articles on the Site has been compiled from publicly available sources that we believe to be reliable, however, we cannot, and do not, guarantee the accuracy or completeness of such information.
You should always consult an investment professional.
.
/
/