Page 71 - pd294-June21-mag-web_Neat

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Odyssey not bottling up

First ever drilling in an untested region has
revealed visible gold mineralisation associated
with a nearby basal quartz vein system at Od-
yssey Gold Ltd’s Bottle Dump project in West-
ern Australia’s Goldfields.
An intersection at 249m downhole (215m
vertical depth) in TCKDD003, drilled beneath
additional new significant gold intersection in
TKRC0014, was being assayed at the time of
print.
The company also reported that significant
mineralisation had also been intersected in
other step-out RC drill holes with assays con-
firming gold mineralisation. Highlights included
With $9 million at the end of April, Predictive is well funded to deliver a maiden resource 13m @ 3.9 g/t gold from 190m in TKRC0014
at Bankan in Q3 (including 5m @ 8.9 g/t from 198m) and 16m
@ 2.3 g/t from 100m in TKRC0004 (including
a longer higher-grade, central zone than Wedge holes from CBDD053 were being 8m @ 4.1 g/t from 100m).
previously interpreted. drilled at the time of print, with a second rig Odyssey has further holes planned in the
Significant intercepts from NE Bankan at T5 already completed five RC pre-col- eastern extension as it continues to test the
include 89m @ 1.3 g/t gold from 140m, 7m lars, while diamond tails were in progress. down-plunge extensions and lateral exten-
@ 3.1 g/t from 390m, 30m @ 2.8 g/t from sions.
188m (to end of hole, including 2m @ 24.4 Resources on the way
g/t from 188m) and 47m @ 1 g/t from 12m
(oxide). for Peel Big hit at Century
The company is working towards a maid-
en resource to be delivered in Q3 and has Peel Mining Ltd confirmed a further high- Assays from a further nine holes of New
three rigs operating at NE Bankan and Ban- grade copper intercept at Wirlong, with 17m Century Ltd’s 30-hole resource definition
kan Creek. @ 4% copper, 12 g/t silver from 269m (in- program at Silver King have been received,
cluding 11m @ 5.88%, 17 g/t from 271m). with the company reporting continuity of high-
grade mineralisation.
Wirlong is 35km north of Peel’s Mallee
Estrella enters Bull copper project in New South Wales’ Strong silver assays continue, with results
another phase Cobar Basin. up to 61% lead equivalent, including 580 g/t
Processing and sampling of assays con- silver, and support an upgrade to the resourc-
Estrella Resources Ltd has reported tinued in mid-May with results from another es at the lead-zinc-silver Silver King deposit at
a successful start to the Phase 3 drilling four holes pending, as maiden resource the Century mine, Queensland.
programme at the T5 prospect at the Carr drilling remained ongoing with two diamond The company is targeting an investment
Boyd nickel project in Western Australia. rigs. decision on Silver King in Q1 FY2022, with
In CBDD0053 a 16.35m zone of dissemi- High-grade copper mineralisation at Wir- the Silver King vein remaining open down
nated to highly disseminated nickel-copper long Central has been defined from near plunge.
sulphides within the T5 pyroxenite feeder- surface to more than 600m below surface A current inferred resource of 2.7mt @
zone was intersected. and remains open in all directions. 16.9% lead equivalent PbEq (12% lead, 6.9%
Sulphides in CBDD053 are adjacent Meanwhile, a second diamond rig was zinc and 120 g/t silver) already exists at Silver
to the T5 contact 75m below CBDD033 – on its way to Mallee Bull for a 20,000m King.
20.1m @ 1% nickel and 0.7% copper – and programme designed to convert inferred The company is expected to receive as-
65m above CBDD035 – 8.05m @ 0.8% resources to indicated. says from another 14 holes this month.
nickel and 0.5% copper.

Complete

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aUSTRaLIa’S PaYDIRT JUNe 2021 Page 71