BMG Resources Limited (ASX:BMG) has announced the recommencement of drilling at its wholly-owned Abercromby Gold Project in Western Australia’s Goldfields region.
The new diamond drilling campaign aims to expand and upgrade the project’s mineral resources.
John Prineas, BMG’s Non-Executive Chairman, expressed enthusiasm about the project’s potential: “We are pleased to have boots on the ground again at Abercromby to kick-off an exciting drill campaign that is designed to expand and upgrade the mineral resource at the project.”
The initial phase of drilling will focus on testing extensions of high-grade gold mineralisation at the Capital Deposit, which remains open at depth and along strike to both north and south.
This deposit is part of BMG’s maiden resource of 518,000 oz Au at 1.45 g/t Au, situated on a granted mining lease with proximity to several mills and excellent infrastructure.
Prineas highlighted the project’s expansive potential, noting that only 1.2 kilometres of the six-kilometre-long prospective stratigraphy has been drilled to date.
The company plans to convert inferred resources to the indicated category, supporting further development studies that could lead to a robust scoping study for a potential mining operation.
DDH1 Drilling is providing round-the-clock drilling services for this campaign.
A subsequent phase of diamond and RC drilling is scheduled for early next year to test regional targets at the Capital South, Barrack, and Archer Prospects, where initial air-core drilling has identified a large gold system with potential for significant mineralisation similar to the Capital Deposit.
These planned drill programs align with BMG’s strategy to advance the commercial feasibility of the Abercromby Gold Project, leveraging its location in the highly productive mining region of WA’s Goldfields.