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Aircore highlights significant regional gold potential at Abercromby

04 May, 2022
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Aircore



Assay results returned from the recent 10,312m aircore drilling (AC) program have highlighted strong potential for further gold discoveries at BMG Resources Limited’s Abercromby Gold Project in the Wiluna greenstone belt in Western Australia.

The drilling program was completed south of the highly mineralised Capital Prospect in February 2022, testing the significant prospective 5km strike potential between Capital and the previously identified Barrack/Archer prospects to the very south of the Abercromby tenement area.

The AC drilling broadly tested a number of targets generated by the SAM survey completed in December 2021 which identified an extensive strike of SAM anomalism trending from the known gold-bearing structures at Capital into areas to the south where little or no drilling had taken place. A total of 16 highly anomalous (+200ppb Au) results were encountered in 14 separate holes, providing compelling impetus for BMG to expand its work program at Abercromby to include these greenfields areas.

BMG Managing Director Bruce McCracken said the significance of the compelling first pass AC results marked what has been a fantastic week of results across the Abercromby Project, following the recent release of highly encouraging diamond drilling intercepts at Capital.

“The AC program has been successful at achieving the strategic aim of generating a pipeline of greenfields targets that we can progress contemporaneously with developing known high-grade gold mineralisation at Capital.

“The coincidence of geochemical and geophysical indicators at these greenfields targets is a delight and reinforces our view of strong prospectivity.

“With large untested distances either side of many of these new gold anomolies, we are encouraged that one or more Capital style deposits could easily be hiding in close proximity.

“We look forward to investigating these intercepts further in our next work program.”

Further AC and RC drilling being planned to follow-up the opportunity for a greenfields discovery.

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