CGN Resources Ltd. has completed a comprehensive heritage survey across key target areas at its Christmas Well project in Western Australia.
The survey was completed with planned drill holes cleared across five high-priority target areas: Oxtongue, Lambs Fry, Sweetbread, Trotter, and Rocky Mountain Oyster.
The completion of the survey has paved the way for the company’s inaugural reverse circulation (RC) drilling programme.
“It’s extremely pleasing to have this critical milestone completed,” CGN Resources Managing Director Wholley said.
“With the survey now finalised, we are focused on mobilising the rig and testing a suite of highly prospective gold targets at Christmas Well.”
CGN Resources has contracted Impact Drilling to manage the maiden programme, with site preparation and logistics planning already underway.
The company’s technical team has identified these targets through a systematic review of regional aeromagnetic data, historical drilling results, and geological mapping.
These sites exhibit structural characteristics analogous to other successful gold deposits within the Yilgarn Craton, suggesting significant potential for a discovery within this established gold-producing belt.
The final heritage report is expected at the end of April, maintaining the company’s timeline to commence reverse circulation (RC) drilling in mid-May.
Beyond the Christmas Well project, the company is maintaining momentum across its broader Leonora portfolio.
With tenement transfers from the recent Patronus Resources Ltd acquisition nearing completion and the grant of the CGN Resources, pegged tenure imminent, the company is well positioned to commence heritage clearance over priority drill targets.
This work is expected to begin as early as the month-end, enabling additional targets to be incorporated into the May drilling campaign.
