The Yidby Gold Project is situated within the southern portion of the Yalgoo-Singleton Greenstone Belt near Ninghan Station Homestead. To the south of the project is the Extension Hill iron ore mine and the 0.9 Moz Mount Gibson Gold Mine. The +1.1 million-ounce Minjar Gold Project is located approximately 65km to the northwest and the million-ounce Kirkalocka Gold Project is approximately 70km to the northeast.
The three exploration licences cover 114 km² and include three gold prospects hosting significant gold mineralisation at Yidby Road, Delaney Well and Cashens Find Prospects.
The project is centred in a highly attractive location being within 1km of the Great Northern Highway, a major arterial road which services the various mining centres and is the state’s main link to the north west. The project is 400km along this route from Perth.
The Company produced a series of exceptional gold intersections from the Yidby Road Prospect during recent drilling program, including:
Further drilling is planned to extend this significant new gold discovery that is open in all directions. The initial results from the first 5 of 18 holes completed in the first phase of this 2021 program produced extraordinarily thick intersections with high-grade intervals as follows: The intersections are associated with a quartz-sulphide / porphyry zone hosted by a major structure in mafic/ultramafic rocks that is projected to continue for over 5km in the Surefire tenements.
|Or||32m||@||3.68 g/t Au||g/t Au||from||150m|
Further results from this program will be released in the coming weeks.