Northern Mining (ASX: NMI) reports that extensive, widespread reverse circulation gold intersections has confirmed the potential of the Blair North Northern Zone centred 2,400 metres north of George’s Reward, where outstanding intersections were reported by the company earlier this month.
The intersections within the East Kalgoorlie Project included 55 metres at 3.3 g/t Au in hole BNRC069 from 84m to 139m equating to 181.5 gram-metres.
Within this wide intersection, three high grade zones were intersected including an impressive 3 metres @ 33.5 g/t
from 93m to 96m in altered granitic bedrock.
BNRC069 lies 47 metres to the south of hole BNRC051 which intersected 55m @ 0.81 g/t including 6m @ 2.12 g/t Au, including 1m @ 7.38 g/t Au.
In the same area, hole BNRC066 intersected 58m @ 1.17 g/t Au (including 43m @ 1.46 g/t Au) based upon 3 and 4 metre sampling intervals. This was hole was re-sampled over 1 metre sample intervals and returned 58m @ 0.47 g/t Au including 1m 4.33 g/t Au). Within a broad halo of lower grade gold, higher grade zones were also intersected (10m @ 1.11 g/t Au and 1m @ 6.59g/t Au).
The hole will be re-assayed using riffle split methods and the results will be reported once received.
Chairman Alan Lockett said the latest results were encouraging for the company.
“Once again these are exciting results for Northern Mining that are indicating early signs of a potential new low cost, open cut gold mine," Mr Lockett said.
"With the current bullish sentiment towards gold, 2010 is shaping up as a milestone year for the Company."
Gold is located in the palaeochannel and lying on bedrock. The gold in bedrock is hosted in thick zones in granite and basalt and within high grade veins cutting the granite and basalt.
Mineralisation remains open in all directions and the new high grade intersections above will give impetus to the planning of new drilling designed to extend the mineralized envelope.
A detailed geological interpretation will be carried out to correlate the different rock units and structures to determine if there is sufficient continuity in the mineralisation to commence resource drilling in the Northern Zone.