G88 wraps up Yuinmery drilling, plans to double down on gold targets

• RC drilling at Yuinmery confirms ‘highly prospective’ geological setting
• Project sits just 10kms from Rox Resources’ Youanmi gold project
• Soil sampling planned to refine gold targets prior to drill testing

Golden Mile Resources has competed RC drilling at its Yuinmery gold project in WA and plans to kick off soil sampling shortly to further refine compelling gold targets.

The project is in the Youanmi gold mining district, home to several recent gold discoveries including Rox Resources’ (ASX:RXL) Youanmi gold project and Ramelius Resources’ (ASX:RMS) high grade Penny West project.

In fact, the 5.8 km long x 1.1km gold-in-soil enrichment at Yuinmery is orientated in the same direction as Youanmi, 11.5km to the west:

A total of 5 RC drillholes for 1085m have now been completed at 5 locations within the Elephant Reef, Ladies Patch and Pirates Patch targets where surface gold mineralisation was intersected in shallow RAB or AC.

The drilling confirmed that the Yuinmery setting is a structurally complex area comprising of basalt, dolerite and ultramafic with associated moderate to strong hydrothermal alteration, quartz – carbonate veining, quartz stringers and stockwork veining.

Notably, this type of setting is known to host gold mineralisation in the region and is typical for Western Australian Archean gold in general.

Highly favourable setting for gold

When considered in conjunction with gold mineralisation encountered in shallow rotary air blast (RAB) and aircore (AC) drilling, as well as large areas of gold-in- soil anomalism, Golden Mile Resources (ASX:G88) says the RC drilling demonstrates that the Yuinmery geological setting is highly prospective for gold.

“The completion of the initial drill program marks a significant milestone for Yuinmery and will provide important insights into the structural setting,” MD Damon Dormer said.

“We will now progress into the soil sampling program which will enable further targets to be refined for this project.”

Soil sampling program planned

The plan going forward is to further refine targets by improving the data density from soil sampling.

G88 will commence soil sampling along the Yuinmery Trend and Happy Camper Gold prospects later this week or early next week.

The planned soils are at 100m x 50m spacing where there is only limited 200m x 100m spaced historical sampling in these areas.

The historical soil sampling has delineated a large gold-in-soil anomaly and the company believes that infilling to 100m x 50m spacing will better define the anomaly prior to drill testing.

This article was developed in collaboration with Golden Mile Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post G88 wraps up Yuinmery drilling, plans to double down on gold targets appeared first on Stockhead.

asx
gold