Marindi expands potential of Great Southern Gold Prospect at Southern Forrestania after defining extensions to historical mines with grades of up to 19.5g/t
- Historical mines located on Marindi’s tenement produced parcels of ore with gold grades of up to 19.5g/t and vein grades of up to 50g/t
- Mine records list gold-bearing structures as open along strike and at depth when closed in the mid 1980’s.
- Low-cost geophysical method employed by Marindi has highlighted sub-surface geology, including structural extensions to the historical Great Southern and Commonwealth mines
- Multiple “walk-up” drill targets defined
Marindi Metals Limited (ASX: MZN) has made a strong start to its Forrestania gold exploration campaign with a highly successful ground-based geophysical survey across its newly-acquired Great Southern gold prospect defining significant extensions to historical high-grade gold mines.
A Sub-Audio Magnetic (SAM) survey, which was selected as the optimal geophysical exploration technique, successfully penetrated the shallow cover of the region and confirmed the presence of significant structural extensions to the historical former gold mines, as well as defining multiple parallel structural targets across the surrounding area which represent immediate high-priority drill targets.
Read the full announcment here (pdf).