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ActivEX drilling extends Barambah gold-silver mineralisation

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ActivEX’s (ASX: AIV) recent drilling program has extended the gold-silver mineralised zone at its Barambah project in southeast Queensland by a further 75 metres to the south.

The peak result from the seven hole drilling program is 4 metres at 2.92 grams per tonne (g/t) gold and 1,053g/t silver from a 25 metre zone of mineralised breccia/veining about 50 metres below surface.

ActivEX added the breccia vein appears open further to the south, where the vein appears to start rolling over from a steeply east dipping system to a steep west dip.

The company plans to carry out more drilling on the southerly plunging shoot based on the new interpretation of the vein system.

Barambah is a joint venture (ActivEX 75%) with Norton Gold Fields (ASX: NGF) holding 25%, located northwest of Gympie.

 

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Price: 0.17 AUD

ASX:AIV
Market: ASX
Market Cap: $30.12 m
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