Pilbara Gold Expands Drilling at Mt York Gold Project
Key points
- 5,680m of diamond drilling completed since early April
- Three diamond rigs and two additional RC rigs in operation
- +50,000m program aims to test extensions at depth
- Four holes intercepted strong veining and alteration at Gilt Dragon
- AEM survey planned over Greater Mt York area
Full summary
Pilbara Gold Limited (ASX: PGL) is advancing its exploration activities at the Mt York Gold Project in Western Australia. The company has completed 5,680 meters of diamond drilling since early April, with three diamond rigs and two additional RC rigs expected to join the operation in June. This +50,000m program, the largest in the company's history, targets extensions at depth of the large gold system. Four drill holes have intercepted zones of strong veining and alteration at the Gilt Dragon Prospect, with results pending. Additionally, an airborne electromagnetic (AEM) survey is planned over the Greater Mt York area to identify new sulphide-bearing gold systems.
Outlook
Pilbara Gold anticipates initial results from the drilling program in late July, with the potential to increase gold resources significantly.
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