Mila Resources PLC has returned a highly encouraging set of results from the latest round of drilling at its Kathleen Valley gold project in Western Australia.
The objective of the drill programme is to build on the existing JORC inferred resource and unlock the full potential of the project, which is located in a region which hosts some of the largest gold projects in Australia and which is adjacent to Bellevue Gold's discoveries.
Among the highlights from the first five of the 11 diamond core holes was 6.6 metres (m) grading 14.86 grams per tonne gold (g/t) and 21.79 g/t silver from 209.40m, and 3m grading 6.9 g/t gold and 21.62 g/t silver from 200m.
Drilling has now defined mineralisation over a zone 200m long and 220m down dip, and which is open at depth and along strike.
Heritage Surveys ahead of line clearing and drill pad works are set to commence in preparation for a further 6,550m of drilling.
"The assay results from the first five diamond core holes have surpassed my expectations,” said Neil Hutchison, chief geologist of Mila.
“We knew the core would deliver strong results based on the visual observations of the sulphide mineralisation and the Bellevue-Style veins we had intersected. In addition, we received great results from the RC [reverse circulation] drilling assays indicating the potential of this mineralised system, but to intersect 6.6m at almost 15 grams gold and 22 grams silver is remarkable. This zone includes one metre at 27.6 grams gold and 47.5 grams silver, which is the highest assay result we have received back from all of the drilling at Coffey to date.”