Results from Rubianna Resources (ASX: RRE) recently completed aircore drilling program at the company’s Murchison Project, northeast of Meekatharra in Western Australia, have shown that significant gold mineralisation has been intersected at the Ruby Well project.
The program comprised 127 aircore holes totaling 6,023 metres and was designed to test geochemical targets at the Ruby Well, Narracoota (Tree Reef prospect) and Quartz Well (Opal Well prospect) projects.
At the Ruby Well project, drilling also followed-up several zones of high-grade gold mineralisation identified by Rubianna’s previous RC drilling at the Ruby Anna East and Bloodstone prospects.
At the Bloodstone prospect four metre composited samples from drill hole RWAC025, located 35m northwest from RWRC027, returned 4m @ 63.85g/t (from 28m) and 4m @ 34.39g/t (from 36m).
Initial 4 metre composite samples will be re-assayed at 1 metre intervals.
This drill programme has constrained the dip of the main mineralised quartz vein and confirmed that the gold mineralisation at Bloodstone is developed along a zone some 60 metres in strike length.
Elsewhere at the Ruby Well project, a total of eight anomalous areas were tested including five recently generated auger geochemical anomalies. A number of significant assays (> 0.5g/t Au) representing composited sample intervals were returned from these areas.
The Tree Reef prospect is a southwesterly trending geochemical anomaly within the Narracoota project, identified by soil sampling and previous RAB drilling. It was tested by two drill lines comprising 8 angled aircore drill holes for 363 metres.
This drilling intersected minor, weakly mineralised quartz veins. The best result was 4m @ 0.69g/t Au in drill hole RWAC0114.
An Aeromagnetic survey covering 1,300km² has been completed over southern portion of the Murchison project.
Priority geochemical and geophysical targets are being assessed for drilling.
Further drilling planned at the Judges Find, North Ruby Well, Curleys and Quartz Well projects in February 2011.