Kingwest Resources Ltd (ASX:KWR) has received the final assay results from the Sir Laurence Discovery, which forms part of the Lake Goongarrie aircore drilling program at the Goongarrie Gold Project near Kalgoorlie in Western Australia.
The results further delineate what appears to be a significant gold discovery and follow up five other gold-anomalous areas found beneath Lake Goongarrie.
Promisingly, follow-up drilling is imminent, with 1,000 metres of diamond drilling scheduled to test the Sir Laurence Discovery to 6,000 metres deep.
Additional aircore drilling will test litho-structural targets along strike to the north and south of Sir Laurence.
“Exploration focus at Lake Goongarrie”
Kingwest CEO Ed Turner said: “The discovery at Sir Laurence is significant in Kingwest’s ongoing exploration focus at Lake Goongarrie.
“As it is a blind discovery under lake sediments, we need to test the structural controls of the primary (fresh rock) mineralisation and for this we need oriented diamond core drilling, which will commence in four weeks.
“We also have numerous similarly exciting litho-structural targets along strike from Sir Laurence that warrant aircore drilling, which will commence next week.
“We are excited about the potential outcomes from this drilling.
“Follow-up aircore drilling is also being planned to better test the five other areas that returned anomalous results in the first round of drilling.”
Sir Laurence Gold Discovery
Significant drill results within the Sir Laurence Discovery on magnetics background
Results at the Sir Laurence gold discovery demonstrate that it is a large bedrock gold mineralised system proven over 500 metres in width and 200 metres in strike length at Sir Laurence.
The mineralisation remains open in all directions and at depth, while the underlying aero magnetically defined Sir Laurence litho-structural target extends along strike for at least two kilometres in a north-south direction.
This will be immediately tested by the follow-up aircore drilling.
Four of the aircore holes bottomed on bedrock that was too hard to penetrate, wearing away the tungsten carbide teeth of the aircore blade bit.
It is believed that these holes may have bottomed on quartz reefs that were previously outcropping at the base of the paleo-drainage channel, which will be immediately tested by follow-up diamond drilling.
Regional target area results
Regional aircore drilling of numerous other aero-magnetically defined litho-structural targets beneath Lake Goongarrie has also discovered another five new, widely separated areas of significant gold mineralisation.
Sampling during reconnaissance aircore activity delivered peak values of 430 parts per billion (ppb) gold, 1.5 kilometres north of Sir Laurence, as well as 387ppb gold 4 kilometres north of the Sir Laurence Discovery Line 5.
These new gold discoveries will be immediately tested by follow-up air core drilling.
Follow up drilling
Target areas for follow-up drilling
Kingwest has planned 6,000 metres of follow-up aircore drilling to begin next week at the Sir Laurence prospect to outline the full extent of the bedrock gold system there and pinpoint areas of higher grade.
In addition, 1,000 metres of follow-up diamond drilling will begin early November to test for high-grade quartz reefs in the immediately underlying bedrock, define the orientation of the Sir Laurence gold mineralised structures and conclusively outline the nature of the host bedrock and hydrothermal alteration.
Further, 2,000 metres of regional follow-up aircore drilling will follow at Sir Laurence to test the five other new areas of gold mineralisation.