Si6’s next round of drilling targeting big game targets is underway
Link copied to
Si6 has kicked off the next phase of aircore drilling at its Monument project with holes testing a range of targets similar to other high profile gold discoveries across WA.
The Phase 2 140-hole program totalling 5,000m follows on the success of the first round of drilling that confirmed that 18 of the 26 targets it tested were fractionated, felsic intrusives that are prospective for bulk tonnage gold mineralisation.
Notably, these intrusives appeared to be analogous to those that host the 1.5Moz Jupiter and 0.25Moz Cameron Well deposits within the neighbouring Mt Morgans Gold Project, while the Korong intrusive has similarities to the giant Hemi discovery in the Pilbara.
Si6 Metals (ASX:SI6) is now looking to repeat this level of success with the Phase 2 drilling, which will test the remaining 34 or so intrusive targets that it had previously identified.
These targets are located in five areas including the Korong and Aermotor felsic intrusives along with structural targets at Triton, North Well and Celia.
The drilling at Koron and Aermotor will follow-up on anomalous gold intersected during the first phase of aircore drilling carried out in late 2021.
Analysis of end of hole geochemical data at Korong had indicated that the intrusive belonged to the sanukitoid suite of evolved intrusive rocks which are similar to those that host De Grey Mining’s (ASX:DEG) 7Moz Hemi discovery.
Si6’s drilling at Korong is designed to test the western intrusive contact where an interpreted, regional, north-south trending fault structure traverses the contact. Drilling at Aermotor will target the lithological boundary between black shale sediments and mafic volcanics where mineralised quartz veining was intersected in Phase 1.
Of the structural targets, the Triton prospect is located south of the Korong-Perseverance Corridor and occurs in a favourable structural setting to host high-grade gold mineralisation.
North Well occurs along a major northwest trending regional structure and comprises several northeast trending offsets with a similar orientation to the Triton prospect and the potential to host high-grade gold mineralisation.
Meanwhile, the Celia prospect consists of a number of north-south offsets which cross-cut the regional Celia fault and occur at the contact between the Murrin Murrin Domain and the main greenstone belt which traverses the Monument project.
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.