NTM Gold Limited recently announced that Reverse Circulation (RC) drill program targeting regional and high-grade mineralization has commenced at its Redcliffe Gold Project in Western Australia.
“The Company is eager to continue its aggressive exploration campaign which in 2017 has resulted in over 23,000m of drilling having been completed to date, returning extremely encouraging results,” said NTM CEO, Rodney Foster.
According to the release, there are large km-scale geochemical supergene zones at Bindy, KT-1, KT-2 and Triple 2. Further, deeper drilling will target extensions to primary high grade mineralisation at both the Golden Terrace South (GTS), with intersections of 17m @ 2.98g/t (Inc. 7m @ 5.5 g/t) and 16m @ 1.74g/t (Inc. 5m @ 3.92g/t) remaining open; and the Nambi deposits.
“The exploration team is focused on expanding the current resource base by targeting high grade primary zones and test new mineralized areas associated with the highly prospective Mertondale Shear Zone,” he added.
The drilling program, with a total of approximately 5000m, is funded within the Ausdrill facility for equity agreement. It is expected to take four weeks to complete.