New Murchison Gold Ltd Announces High Grades at Airstrip Prospect
Key points
- Mineralised strike at Airstrip East doubles to ~730m
- High-grade gold intercepts up to 9.83 g/t Au
- ~5km mineralised corridor largely untested below 100m depth
Full summary
New Murchison Gold Ltd (ASX: NMG) has reported significant gold mineralisation at the Airstrip prospect, part of the Garden Gully Gold Project in Western Australia. Drilling has intersected gold along a corridor approximately 5km long, extending from Abernethy South through Kingswood to Airstrip. Key highlights include: 20m @ 2.51 g/t Au from 50m, including 2m @ 9.83 g/t Au from 53m in APSRC118, and 13m @ 3.03 g/t Au from 46m, including 1m @ 22.1 g/t Au from 50m in APRC006. The mineralised strike at Airstrip East has more than doubled from ~310m to ~730m, remaining open to the north-east and south-west. The 5km mineralised corridor is largely untested below ~100m vertical depth. Deeper RC and diamond drilling is planned to test the down-dip extent of the high-grade shoots.
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