Norwest is going deep at the 100,000oz Bulgera gold project
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Special Report: A 5000m drilling program — due to kick off November 14 — will test for deeper extensions to Norwest Minerals’ (ASX:NWM) shallow 100,000oz gold resource at the Bulgera project in WA.
The Bulgera gold trend is the extension of the Plutonic (+5.5moz) and Vango (+1moz) mafic-ultramafic mine sequence, where drilling has shown that gold tenor increases with depth.
Vango’s (ASX:VAN) drilling within the mine sequence has consistently shown that the highest gold grades are located below 100m.
Recent intersections – like 4m at 10.9 g/t gold, including 2m at 20.1 g/t from 161m – extend Vango’s K1 lode discovery to potentially over one kilometre, open at depth.
At Bulgera, there’s minimal drilling below 100m.
Through targeted, ~250m deep RC holes, Norwest Minerals will test for extensions to the known gold mineralisation below the three exciting shallow pits:
“It is very exciting to get this high-priority high impact RC drilling programme underway,” Norwest chief exec Charles Schaus says.
“The implications associated with drilling success +150m down-dip of the current near surface gold resources include a significant jump in resource size and ongoing growth prospects.”
This article was developed in collaboration with Norwest Minerals, 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.