Metalicity adds the weight of Wandin to its Kookynie gold drill program

Metalicity will further expand its current drill program to include the Wandin tenure which has structural trends similar to those at the Niagara Mining Centre.

A detailed review of previous drilling results and high-resolution aeromagnetic surveys had identified significant structures that control gold mineralisation at Wandin.

These include brittle faulting that is interpreted to dislocate and offset stratigraphy analogous to Niagara as well as known gold hosting brittle fault and shear structures that have been confidently extended into Wandin.

It follows Metalicity’s (ASX:MCT) recent decision to expand drilling at its Kookynie gold project to include the highly prospective yet underexplored Mulga Plum prospect.

The company plans to move the drill rig to Wandin, which has seen minimal exploration in the past 15 years, once it completes the first part of drilling at Mulga Plum.

This will test its belief that Wandin has the potential to host gold mineralisation at depth below the weathering profile and extremely little exposure of bedrock at the surface.

“We are really excited by this recent analysis that shows that there are significant structural trends at our Wandin tenure that are similar to those seen at the Niagara Mining Centre which has a strike length of over 5 kilometres and produced significant amounts of gold from historical extraction,” managing director Justin Barton said.

“We will now expand our drilling program to test these highly prospective targets at Wandin.”

Exciting gold potential

Given the strong historical production from the Niagara Mining Centre, which has over 5km of strike, the prospect of finding a repeat at Wandin is exciting for the company.

Work by Metalicity has generated several targets where the host structures and areas of associated mineralisation can be confidently extrapolated,

Planned drilling will test for structurally controlled, near surface mineralisation anomalies within regolith or weathered rock profiles.

Additionally, the area has seen virtually no exploration compiled on its stratigraphy, structural geology and intrusive history.

Higher gold grades and better vein development is also associated with the more magnetic parts of dolerites along with the development of veins and associated magnetite destruction, which are present at Wandin.

This article was developed in collaboration with Metalicity, 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.