Following “outstanding results” Classic extends RC drilling at Kat Gap

By Meagan Evans. Published at Dec 13, 2019, in Mining

WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) has recommenced RC drilling at its 100% owned Kat Gap Gold Project following the “great results” of its last two drilling programs.

Kat Gap is part of Classic’s Forrestania Gold Project in Western Australia’s Forrestania Greenstone Belt, which contains a Mineral Resource of 4.8 million tonnes at 1.40 g/t for 216,650 ounces of gold — a figure that could soon be significantly expanded with continued strong drilling results from the Kat Gap tenements.

The current program involves Classic undertaking 1200m of drilling at Kat Gap covering exploration licences E74/422 and E74/467, and follows highly successful drilling campaigns in August and November 2019.

The RC drilling program was designed to ascertain deeper down-plunge orientation of shallower high-grade mineralisation on the granite-greenstone contact over a 100m of strike adjacent to the crosscutting Proterozoic dyke already tested by Classic.

Gaining an understanding the down-plunge orientation of high-grade gold mineralisation will aid significantly in the planning of future RC drilling programs on the south side of the Proterozoic dyke.

The company indicate that assay results are expected prior to the year end — in late December.

Previous RC drilling by Classic at Kat Gap has returned outstanding high-grade gold intercepts from shallow depths including:

Classic CEO Dean Goodwin said: “Following on from the great results of our last two drilling programs, including multiple high-grade gold hits close to the surface, extensions at depth down dip and along strike to the north, we are excited to be back at Kat Gap so soon to undertake more follow up drilling.

“This round will be focused solely on Kat Gap which has delivered outstanding results from the previous 6 drill campaigns. Drilling will again focus on the main granite–greenstone contact of which only 500m of a total 3.5km of potential strike has been tested by the company.

“We are planning to drill below recent high-grade gold intercepts along a 100m section north of the crosscutting Proterozoic dyke in an attempt to gain a far better understanding of the plunge orientation. This will aid us greatly in planning future RC drilling programs further north along strike and more importantly on the south side of the dyke which to date has received very little attention. The program is designed to probe between 110m and 150m below surface.”

Kat Gap plan view showing recent and previous Classic RC drilling plus significant gold intersections

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