BPM gets drill spinning at Santy Gold Project

BPM Minerals has kicked off a 3,500m drilling program at its Santy gold project in WA, focusing on both gold and base-metal targets.

RC drilling will target the Santy Prospect, a 2.2km-long structural target with up to 100g/t rock chips returned previously and mineralisation remaining open in all directions.

Notably, previous AC drilling completed by BPM across base-metal targets intersected anomalous nickel, cobalt and Platinum Group Elements (PGE’s), which BPM Minerals (ASX:BPM) says highlights the potential for Julimar-style ultramafic intrusive mineralisation.

The program is expected to take 3 weeks with assays also pending from the company’s Hawkins Lead-Zinc Project.

Largely underexplored licences

The Santy Project comprises two granted Exploration Licences (EL’s) and two applications totalling 663km2 which remains largely underexplored, with 80% of the granted tenure under transported cover.

The project is also within the Tallering Greenstone Belt, which is considered prospective for mesothermal gold and VMS base-metal mineralisation.

Deposits in the belt include high-grade deposits and historical production from the Mixy Deposit of 65,000 Oz gold at 4.3g/t gold, A-Zone: 63,000 Oz gold at 2.1g/t gold and the Royal Standard Mine with 68,000t at 13.1g/t gold.

This article was developed in collaboration with BPM Minerals Limited, 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.