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The Markets
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The Markets
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Gold & silver

Okapi Resources set to kick off drilling at Enmore Gold Project

There is significant exploration potential at Enmore, with 36 identified mineral occurrences – the majority of which are untested by deep drilling, modern geophysics or other targeting methods applied across the project.

Okapi Resources Ltd is set to kick off its first diamond drilling program at its 100%-owned Enmore Gold Project in northern New South Wales, within the next three weeks.

The company’s 11-hole drill program across 1,800 metres is designed to test extensions of the encouraging results from its previous reverse circulation (RC) drilling program at the Sunnyside Prospect, where gold mineralisation is present over 400 metres of strike.

What’s more, Okapi will be focused on drilling the Sherwood prospect to test beneath old workings and follow up on historically intersected high-grade gold mineralisation.

Looking ahead, there is significant exploration potential at Enmore, with 36 identified mineral occurrences – the majority of which are untested by deep drilling, modern geophysics or other targeting methods applied across the project.

Drill program

Okapi has secured the services of a highly reputable drilling contractor, Resolution Drilling, which was on site last week with the company’s geological team preparing for the upcoming drill program.

The company’s primary objective is to follow up drilling at the Sunnyside prospect, which returned exceptional results in Okapi’s maiden drilling program completed in September 2021.

Okapi’s 2021 reverse circulation (RC) drill hole OSSRC06 was terminated at 174 metres depth, with the final 3-metre interval assaying 3 metres at 8.86 g/t gold, including 1 metre at 15.15 g/t gold from 172 metres.

The program will also test the Sherwood prospect on the Bora Fault, which remains one of the most interesting regional targets at the Enmore Project.

The Sherwood prospect has had small scale historic production and historic drilling intersected grades including 56.6 g/t gold from 60.8 to 61.4 square metres.

Location of the Enmore Gold Project

Enmore Gold Project

The Enmore Gold Project is situated in the New England Fold Belt, approximately 30 kilometres south of the regional centre of Armidale in northern New South Wales.

The operating Hillgrove Gold Mine is situated about 20 kilometres north of Enmore and has produced more than 730,000 ounces of gold.

Notably, the Enmore project shows similar geological characteristics to the Hillgrove deposit.

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