Si6 Metals identifies gold over 9km strike at the Monument project
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Special Report: Reconnaissance rock chip sampling at Si6 Metals’ Monument gold project in WA has confirmed anomalous gold mineralisation over 9km of strike.
The sampling confirmed bedrock mineralisation of more than 1g/t gold over the strike between the A1 and Perseverance prospects with a peak value of 39.3g/t gold from grab sampling at the Fred’s Well North workings, 400m west of the A39 prospect.
Additionally, sampling over 650m of strike at Fred’s Well and 1km of strike at Perseverance has identified new targets outside the main banded iron formation (BIF) corridor.
Si6 Metals (ASX:SI6) noted that prior to this campaign, no rock chip or grab sampling had been undertaken at the Perseverance and Fred’s Well prospects.
It has also completed and interpreted detailed 3D structural and geological modelling at the Korong and Waihi prospects for a planned 4,375m RC drill program.
Upcoming drilling will focus on basal BIF-ultramafic contact where modelling identified historical drilling at both prospects was inadequately tested.
“A number of targets exist within the WA gold project along a 9km strike within the A1-Perseverance corridor. Results from recent sampling at Perseverance and Fred’s Wells look promising,” chairman Patrick Holywell said.
“We look forward to further enhancing the targets along the corridor and drilling Korong and Waihi prospects next quarter.”
Si6 is acquiring the Monument gold project in WA’s Laverton gold district from DiscovEx Resources (ASX:DCX).
This article was developed in collaboration with Si6 Metals, 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.