Cauldron Energy Ltd (ASX:CXU) executive director Simon Youds speaks to the latest high-grade gold hits out of the historical Blackwood project in Victoria's central goldfields. The explorer returned up to 20.1 g/t gold during diamond drilling at the Annie Laurie reef structure. Overall, Youds says this program is the first step in understanding the high-grade plunging shoots at Blackwood, which will inform the company's exploration model and strategy as it works to prove the goldfield's sizeable potential. All things considered, Cauldron believes there's strong potential to define a multi-million-ounce gold endowment at Blackwood down the track.
Cauldron talks Blackwood Gold Project's multi-million-ounce potential
