Element 25 Ltd (ASX:E25) has received first-pass aircore drill results from its Green Dam Gold Nickel Project near Kalgoorlie in Western Australia.
49 shallow holes for 1,104 metres were completed to test a regionally extensive gold-in-soil anomaly in the southern area of the project known as the Flanker prospect.
Holes were drilled on a 600x100 metre grid over the 3x1.5 kilometre anomaly with highlights including 8 metres at 244 ppb gold from 16 metres depth.
Flanker is located 18 kilometres to the east of the 1.1 million ounce Bombora Gold Deposit owned by Breaker Resources NL (ASX:BRB).
Highlights included 8 metres at 244 ppb gold including 3 metres at 581 ppb (~0.6 g/t) gold
Airborne magnetic survey also completed at Green Dam
An airborne magnetic survey was completed of the entire Green Dam Project as an aide to structural interpretation and targeting.
The survey was flown at a nominal 100-metre line spacing and 40-metre sensor height.
The survey collected both magnetic and radiometric data sets.
READ: Element 25 revising manganese estimate after completing Butcherbird infill drilling
Green Dam is an emerging exploration level project with Element’s flagship project being its Butcherbird Manganese Project in Western Australia.
Last week, the company commenced preparing a revised manganese mineral resource estimate after completing 6,672 metres of aircore drilling at Butcherbird.
The estimate is expected to upgrade the planned starter pit at the project from the inferred and indicated categories to the indicated and measured status.
Butcherbird is a world-class manganese resource with current JORC-compliant resources in excess of 180 million tonnes of manganese ore.