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Significant drill and geophysics results identify potential large gold system at Ravenswood North Project, Queensland

Significant drill and geophysics results identify potential large gold system at Ravenswood North Project, Queensland

All five holes intersected the Ravenswood granitoids (desired host rocks for gold mineralisation) and significant mineralised intersections of gold and/or silver were returned. The best results included broad zones of anomalous gold, silver, copper and lead. Holes were drilled on wide-spaced (300m) centres over a strike of 1,000m.

Results from the first five holes are consistent with first pass drilling results of gold deposits within the district, and likely represent proximity to a potential intrusive gold system.

Results from the VTEM processing have generated two potential intrusive targets, which are near the surface geochemical anomaly, rock chip results and recent drill assay results.

Read the full announcement here.