Hunt for gold re­turns in Tassie’s North East

Mercury (Hobart) - - NEWS - PA­TRICK GEE

DI­A­MOND drilling has be­gun in the North East, with the hope of find­ing gold like that in Vic­to­rian fields.

UK global min­ing com­pany Great­land Gold yes­ter­day an­nounced its “tar­geted, low-cost di­a­mond drilling pro­gram” at War­rentina, north of Derby.

Derby North is one of two Great­land Gold projects in Tas­ma­nia, hav­ing re­port­edly found “broad widths” of the pre­cious metal at a site south of Devon­port in Septem­ber.

Chief ex­ec­u­tive Ger­vaise Hed­dle said the drilling at its Derby North site at War­rentinna was aimed at col­lect­ing in­for­ma­tion about the style of min­er­al­i­sa­tion in the area and would as­sist in eval­u­at­ing the po­ten­tial of the pro­ject.

“The drill core and as­so­ci­ated data will be assessed to de­ter­mine whether the style of min­er­al­i­sa­tion at War­rentinna is sim­i­lar to that seen in the cen­tral Vic­to­rian gold­fields, a world­class gold prov­ince,” he said.

Re­verse Circulatio­n drilling at the Derby North site to date has out­lined a “gold min­er­alised sys­tem” about 150m long and 100m wide.

The new drilling pro­gram will see two holes drilled, reach­ing depths of 125m each.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.