Bardoc Gold news – Extensive gold mineralisation found at North Kalowna

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   Bardoc Gold Limited (ASX: BDC)

Reported that it has identified multiple new zones of strong gold anomalism at its North Kanowna Star Project, located 29 km south-east of the proposed Mill and Mine Site at its flagship 100%-owned 3.03 M oz Bardoc Gold Project, located 40 km north of Kalgoorlie in Western Australia.

 

 

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5 NOVEMBER 2020

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EXTENSIVE GOLD MINERALISATION IDENTIFIED ON MULTIPLE
TRENDS IN AIR-CORE DRILLING AT NORTH KANOWNA STAR

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Bardoc Gold Limited (ASX: BDC, Bardoc or the Company) is pleased to advise that it has identified multiple new zones of strong gold anomalism at its North Kanowna Star Project, located 29km south-east of the proposed Mill and Mine Site at its flagship 100%-owned 3.03Moz Bardoc Gold Project, located 40km north of Kalgoorlie in Western Australia.

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North Kanowna Star has an existing Mineral Resource of 32koz Au and represents an exciting new exploration and growth opportunity for the Company, being located within an economic haulage radius of the proposed new mining and processing infrastructure at the Bardoc Project.Broad zones of gold mineralisation delineated in trends up to 3.5km long, highlighting a significant new discovery opportunity to be tested with follow-up RC drilling.

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Key Points:

• Multiple zones of strong gold anomalism identified in first-pass exploration air-core drilling at the North Kanowna Star Project, located 29km south-east of the Bardoc Gold Project.

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Results include:

  • − 21m @ 1.56g/t Au from 36m in NKA200051
    − 15m @ 1.22g/t Au from 68m in NKA200138
    − 4m @ 3.74g/t Au from 40m in NKA200139
    – 4m @ 3.59g/t Au from 52m in NKA200200

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• Gold zones identified are located on multiple trends up to 3.5km in length.
• Gold intercepts require follow-up drilling with deeper Reverse Circulation drilling planned to commence shortly.
• These newly-defined trends at North Kanowna Star are interpreted as representing a potentially significant mineralised system that will require extensive follow-up exploration.
• Diamond core drilling at Zoroastrian is underway to follow up recent outstanding intersections at the northern end of the cornerstone deposit.

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The recently completed air-core drilling program has highlighted the significant exploration potential at North Kanowna Star with several new zones of extensive gold anomalism defined which require follow-up drilling to better define their extent and gold distribution. The existing 32koz Mineral Resource at the Perseverance-Wedge Deposit is largely supergene in nature, with RC and diamond drilling earlier this year
confirming that the mineralisation continues at depth and is open along strike.

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MANAGEMENT COMMENTS

Bardoc Gold’s Chief Executive Officer, Mr Robert Ryan, said the discovery of major new mineralised trends at North Kanowna Star was an exciting and significant development for the Company’s longer-term growth strategy in the North Kalgoorlie region.

“Our existing 1 Moz mine plan, as defined by the March 2020 Pre-Feasibility Study, was based only on the four main deposits of Aphrodite, Excelsior, Zoroastrian and Bulletin. There is considerable upside potential on this plan from further exploration success, particularly at the numerous satellite deposits and emerging exploration opportunities within our 250 km2 landholding north of Kalgoorlie.

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“The North Kanowna Star Project was a strategic bolt-on acquisition and is a prime example of the outstanding growth opportunities within our portfolio. It sits just 29km from the proposed plant site, so if we are successful in growing the Mineral Resource or making new discoveries on those tenements, it will immediately come into the frame for our broader mine plan.

“Our methodical approach to exploration at North Kanowna Star has paid immediate dividends, with broad high-grade intersections in the first-pass air core drilling. The combination of the detailed pXRF analysis and the GAIP survey has identified multiple exploration targets and air-core drilling has now confirmed the presence of mineralisation along these trends.

“With a 3.5km strike length of strong gold anomalism to test with deeper drilling, North Kanowna Star has the potential to be a significant gold system and is emerging as a major new growth opportunity for the Company. We are looking forward to seeing what deeper RC drilling can deliver.”

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NORTH KANOWNA STAR RESULTS

Bardoc Gold completed a geophysical Gradient Array Induced Polarisation (GAIP) survey over the North Kanowna Star tenements earlier this year. Interpretive work by the Company’s geologists and consultant geophysicists highlighted several priority areas for exploration drilling.

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The recently completed air-core program is the first round of broad-spaced drilling to be undertaken at the Project, comprising 230 holes for a total of 8,729 m, and it has yielded immediate success with both high grade and broad zones of gold anomalism identified including:

  • • 21m @ 1.56g/t Au from 36m in NKA200051
    • 15m @ 1.22g/t Au from 68m in NKA200138
    • 4m @ 3.74g/t Au from 40m in NKA200139
    • 4m @ 3.59g/t Au from 52m in NKA200200
    • 12m @ 0.74g/t Au from 40m in NKA200061
    • 21m @ 0.86g/t Au from 52m in NKA200187
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Significantly, the identified gold zones are co-incident with the identified GAIP anomalies, confirming the interpretive work completed by the Company and providing additional support to test other areas within the Project area.

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The Company continues to apply the best possible science and geological thinking to its project areas and the GAIP survey was selected as a suitable geophysical method because it maps resistive and chargeable units of rock. These features.

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Disclosure

The writer owns shares in Bardoc Gold bought in the market at the prevailing price on the day.

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