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New high-grade gold hit for Gascoyne near its WA mine

From thewest.com.au

ASX-listed gold producer, Gascoyne Resources has delivered a further encouraging high-grade drill hit from the promising near-mine Tanqueray East prospect, which lies just 2km north-west of its Dalgaranga gold mining and processing operation in WA’s Murchison region. The stand-out intercept from the company’s latest round of follow-up reverse circulation drilling targeting strike extensions to primary fresh rock mineralisation at Tanqueray East was 28m grading an average of 2.5 grams per tonne gold from 114m including 7m going at 5 g/t. Tanqueray East overlies what Perth-based Gascoyne interprets to be an ... (full story)

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  • Category: Fundamental Analysis