Dampier Gold’s gamble to refocus its exploration onto the Zuleika Shear, north-west of Kalgoorlie in WA, looks to be paying off with the company hitting paydirt with recent aircore over the Paradigm East prospect. Shallow drilling has hit high-grade gold mineralisation at the prospect returning an impressive 24m at 6.39 g/t gold including a stellar 4m at 34.74 g/t gold from only 28m down-hole.
These high-grade results come hot on the heels on the company’s recent discovery of the Browns Dam gold prospect, less than 3km to the north-east of the Paradigm target, confirming the prospectivity of the Dampier’s ground holding in this auriferous terrane and validating the company’s exploration strategy in the region.
Our latest successful exploration results have vindicated Dampier’s strategy of maintaining an aggressive drilling campaign in parallel with our technical team’s increasing understanding of the mineralised systems within the project area.
We have hit more high-grade mineralisation in previously untested areas. These results extend the known limits of mineralisation. This points to a larger mineralised envelope which in turn will give greater scale to the project.
Dampier Gold’s Managing Director, Annie Guo
The company’s Zuleika gold project lies 30km to the west-northwest of Kalgoorlie in the Eastern Goldfields of Western Australia. The project covers more than 220 square kilometres of this prime exploration terrane, which it shares with a roster of mining heavyweights including Northern Star, Evolution Mining and Zijin Mining Group.
The mines and resources along the Zuleika Shear boast a tremendous endowment of gold, estimated at more 20 million ounces. This positions Zuleika as one of the richest gold mining regions in Australia, providing a significant incentive for exploration along this remarkable geological structure, and its interpreted ‘mirror’, the parallel and underexplored Carnage Shear.
Dampier’s tenure covers more than 20km of strike along the fertile Zuleika and Carnage Shears, including the north-western strike extensions of the 7 million-ounce Kundana gold mining centre which lies a mere 3km south of the company’s tenement boundary. The company’s evaluation of the Zuleika tenure has identified more than 40 targets requiring evaluation and testing – an enviable line-up for any budding gold explorer.
Dampier’s Zuleika project represents an extensive land holding covering significant regional structures including the world-class Zuleika Shear. With more than 40 targets including drill ready prioritised targets such as Paradigm East, Browns Dam and Castle Hill East, we are exploring in one of richest gold regions in the world, demonstrated by multiple mines along the Zuleika Shear and on parallel and cross cutting structures. The Paradigm East zone has a significant long footprint of over 700m, and the confirmation of a high-grade zone is highly encouraging.
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