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Bardoc Gold Ltd

Bardoc Gold hits of up to 17 g/t confirm growth opportunities at namesake project

Testing of the exploration model has confirmed the presence of an additional mineralised structure at depth.

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The Bardoc Gold Project is 55 kilometres north of Kalgoorlie in WA's Goldfields

Bardoc Gold Ltd (ASX:BDC) has intersected high-grade gold of up to 17 g/t at the Bardoc Gold Project north of Kalgoorlie in WA, confirming down-plunge extensions and growth opportunities.

The results from Zoroastrian deposit demonstrate successful testing of the company’s new exploration model and opportunities to grow the gold inventory, highlighting exploration upside.

Best results:

- 2.14 metres at 11.44 g/t gold from 393.4 metres;

- 7.55 metres at 6.52 g/t from 198.5 metres including 3.15 metres at 13.16 g/t from 203.25 metres;

- 19.07 metres at 6.38 g/t from 296.93 metres, including 3.55 metres at 17 g/t from 310.30 metres; and

- 5.53 metres at 4.47 g/t from 368.75 metres.

“Very exciting development”

Bardoc Gold managing director John Young said: “We have been able to transform our thinking about the Zoroastrian deposit compared with the original interpretation based on limited open pit mining undertaken at the deposit by Excelsior Gold.

“This recent work has allowed us to successfully define and explore the target host dolerite unit at depth, resulting in a decision to change the angle of our drilling in order to intersect all of the mineralised lodes at depth, within the favourable host dolerite.

“This is a very exciting development, which suggests that this deposit could well and truly open up down-plunge with multiple high-grade lodes.

“In light of this, we have decided to extend the current drilling program in order to lay the foundations to expand the Bardoc resource in this area.”

 

 

High-grade extensional results

Results are from extensional drilling at Zoroastrian South completed late last year with a further four holes completed in January.

The 1,800-metre reverse circulation (RC) and diamond drilling program tested the high-grade plunge along the newly defined fractionated dolerite, which has the potential to add significantly to the deposit and production profile.

Further drilling planned

Diamond drilling is now underway at the high-grade Mulwarrie satellite deposit, with three holes planned for both geotechnical and structural analysis, ensuring that future RC drilling can be designed to deliver optimal results. 

- Jessica Cummins

Quick facts: Bardoc Gold Ltd

Price: $0.09

Market: ASX
Market Cap: $106.69 m
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