Exploration targets20 Jan 2023 16:14
This is a good review which we will see updates throughout 2023 https://youtu.be/biM6XTLPBUM
The new T Zone discovery potentially sound of significance
At the Far Northern Limb Projects, meanwhile, the company reported a La Pucella mineral resource estimate on the Aurora Project of 16.21 million tonnes at a 2E plus gold grade of 2.63 grams per tonne, making for 1.37 million 2E plus gold ounces.
The board said the La Pucella Target area is a "near-surface" T-zone discovery, and currently covered 12% of the combined Aurora project area.
It said the discovery of the T-zone near surface indicated that the high-grade zone previously found at depth had the potential to be mined using open pit methods.
A scoping level mining study was being carried out, with results expected in early 2023, while the mineralisation was known to continue at depth, meaning that with future additional drilling an additional underground mineral resource estimate could be reported.
Future studies would be aimed at improving analytical confidence to include rhodium and base metals in the resource estimate, that were currently at the inferred level.
Finally, at the Hacra Project, Sylvania reported "encouraging" 2021 exploration results with various intersections indicating "attractive" grades between 2.3 and 7.4 grams of 2E plus gold per tonne, and a true intersection thickness from 3.4 up to 11.9 metres.
The board said Hacra was contiguous to the Waterberg PGM project, with the company working towards a maiden mineral resource estimate in early 2023.
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