Photo credit: Geopacific Resources - Mining lease exploration target areas
Chief Executive Officer, Tim Richards, said: “The drilling campaign continues to deliver exceptional results. Grade control drilling supports our view that there is considerable upside potential within the existing pit shells, whilst first results from resource extension drilling highlight the exciting opportunity for further discoveries across the mining lease. We look forward to receiving further results as assays are received and our step out drilling program continues.”
Summary of recent Woodlark drilling results
Geopacific Resources Ltd is pleased to provide an update on drilling results at the Woodlark Gold Project (‘the Project’). Results from grade control drilling at the Company’s Kulumadau pit continue to highlight upside within the existing pit shells and identify potential for near term resource growth. In addition, the initial phase of resource extension drilling focussed around the Busai and Kulumadau pits reinforces the potential for pit extension, with all three planned pits at the Project open along strike and at depth. “These results reinforce our view that the current pit shells are constrained by data, not geology,” Mr Richards said.
Grade control drilling
Further results from the grade control RC drill campaign at Kulumadau (ref ASX release 30 September 2021 and 23 December 2021) have been received. This drilling was undertaken to further define near surface ore zones at stage 1 of the Kulumadau pit. Drilling to date indicates potential upside to the high-grade zone in Figure 1. A reconciliation of the grade control model to the Mineral Resource (ref ASX release 12 March 2018) will be undertaken upon receipt of all outstanding samples. This will allow the Company to quantify whether resource upside exists within the existing Kulumadau pit shell.
Exploration Drilling Focus
A larger drill rig was mobilised to site in January 2022 to facilitate the drilling of deeper holes to test down dip and extension targets associated with the current pits. The drill results (Figures 2 & 3) indicate mineralisation extends down dip of the current pit shells, which provides positive indications of the potential to increase the size of the Kulumadau and Busai pits.
Drilling will continue into Q2 2022, focussed on Woodlark’s significant near pit growth potential, including areas previously inaccessible due to the proximity of the local community as well as other high priority exploration targets within the mining lease.
Full article and figures can be found HERE - Article courtesy of Geopacific Resources
