Adyton Resources (TSX-V:ADY, OTCQB:ADYRF) Corporation has provided an update on the auxiliary trenching program following the successful diamond drilling program at its Gameta gold project on Fergusson Island in Papua New Guinea.
“The success of our maiden drilling program at Gameta continues to be validated via the recent trenching results,” said CEO Frank Terranova in a statement.
“This deposit is outcropping at surface with grade exceeding the historical results. The combination of Gameta and Wapolu deposits will have sufficient scale to produce an economic project with substantial upside. We are now accelerating technical studies and the next phase of drilling to further define the significant potential of the Ferguson Island project.”
READ: Adyton Resources Corporation discovers a new high grade ore zone at Gameta
The company said highlights from the auxiliary trenching program include:
- T2A: 60 meters (m) at 1.68 grams per ton (g/t) Au, including 16m at 2.29 g/t Au, 24m at 1.96 g/t Au, and 6m at 3.9 g/t Au
- T2B: 16m at 1.07 g/t Au, including 4m at 2.22 g/t Au
- T2C: 14m @ 1.07 g/t Au, including 2m @ 2.11
Meanwhile, Adyton noted it has three separate exploration projects on Fergusson Island:
- The Gameta Gold Project, which currently has a 360,000-ounce gold inferred mineral resource.
- The Wapolu Project, which currently has a 140,00-ounce Au inferred mineral resource.
- Oredi Creek has widespread epithermal gold mineralisation associated with a fault zone with rock chips up to 1.4 g/t Au and a drill intersection of 70m @ 0.5 g/t Au from previous drilling programs.
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