Empire Resources has struck some great results at Penny`s Find underground extension. The find - grading up to 15.60 grams per tonne (g/t) near Kalgoorlie Boulder
Better results from the six-hole diamond drill program were 1.63m grading 15.60g/t gold, 3.52m grading 6.32g/t gold including 1.22m grading 12.34g/t gold, and 1.94m grading 10.57g/t gold. The recent drilling results complement previous assays taken from the ore body – boosting the company’s confidence.
“Results from the recent underground drilling have given us the confidence to move ahead with a final underground feasibility study to extend Penny’s Find’s mine life beyond the open pit,” Empire Resources managing director David Sargeant said.
“With gold mineralisation open at depth, there is good potential to add to the current underground indicated and inferred resource of 170,000 tonnes grading 5.40g/t gold.”
To-date the underground mineralisation at Penny’s Find extends 250m deep and remains open. with a progression from Open Pit to underground the plan moving forward.
FAST FACT - Open pit mining at Penny’s Find started in May this year with the company trucking 37,710 tonnes of ore to the nearby Lakewood and Burbank processing plants for its first processing campaigns.
With assistance - AAP