6 g/t gold (GCR0143)
5 g/t gold (GCR0123)
2 g/t gold (GCR0139)
Results confirm previously recorded high-grade sampling1 that has not been drill tested
Plans are currently underway to drill test the historic workings
Coolabah Metals Limited has received analysis for 251 rockchip results collected during reconnaissance sampling of historic gold workings at Gunpowder Creek. Coolabah are pleased to announce rockchips returned grades up to 21.6g/t gold (GCR0143) and 0.33% copper (GCR0120) from the first pass rockchip sampling program conducted in Coolabah’s Gunpowder Creek Project in Northwest Queensland.
11 rockchip samples returned gold grades ranging from 1.01g/t to 21.6g/t situated in and around historic workings, located along the May Downs Fault.
The results have assisted Coolabah in narrowing down drill targets, providing a starting point for RC drilling, which Coolabah plans to commence as soon as practicable.
The rockchip program was designed to test the 26 recorded historic gold workings and occurrences forming a >5km strike length parallel to the May Downs Fault.
Cameron Provost, Managing Director of Coolabah Metals Limited
View the full announcement here.
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