Viking wraps up diamond drilling at First Hit gold mine
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Viking Mines (ASX:VKA) has wrapped up the second phase of diamond drilling at its First Hit mine in Western Australia’s Eastern Goldfields region.
The company completed 19 drill holes totalling 3,924m under the Phase 1 and Phase 2 drilling programs, which included step-out drilling aimed at proving its belief that historical drilling was ineffective.
Viking has submitted all samples from the drill program for analysis and has demobilised the drill rig from site.
“I am pleased to be able to report to the market that the Phase 2 diamond drill program has been completed,” managing director Julian Woodcock said.
“We are now moving on to the exciting interpretation phase of the programme to better understand the mineralisation at First Hit to target extensions and new high-grade gold shoots.”
The company is now consolidating the data it has collected and incorporating it into the geological model so it can pinpoint the cause of mineralisation.
This is aimed at effectively targeting extensions and new shoots of gold mineralisation.
It has commenced 3D modelling of the First Hit mineralisation at the mine scale using the historical mining records and the newly acquired diamond drilling data.
Viking is also carrying out 3D modelling of the regional geology and structure at the tenement scale using structural data and observations from the drill core combined with field mapping and the AC drilling data.
This article was developed in collaboration with Viking Mines, 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.