Aureka Limited has struck visible gold in the drill core of three separate holes from its latest drilling program at the company’s flagship Irvine project in the gold-rich Stawell region of Victoria, about 240km west-northwest of Melbourne.
Visible gold was identified in three diamond holes drilled at its Resolution Lode, part of Irvine, pointing to the potential for high-grade mineralisation to be unearthed at depth and a potential boost to the existing inferred resource of 304,000 ounces at a grade of 2.4 grams per tonne (g/t) gold.
One hole drilled 200 metres south of the existing resource, suggests a shallower plunge to the mineralisation and the possibility of a bump-up to the inferred resource. The section of core containing visible gold returned 4.65m grading 2.93g/t from 681.35m,