High gold grades with elevated silver, zinc, lead and copper has been intersected in a recently completed deep diamond drill hole at Geopacific Resources’ Faddy’s gold deposit.
The hole confirms the deeper continuation of gold at Faddy’s, which is south of Nadi on Viti Levu.
The best intersections from the hole were 1.25 metres @ 19.81grams/tonne gold, 174 grams/tonne silver, 4.89% zinc, 3.09% lead and 1.16% copper; and 1 metre @ 17.70 grams/tonne gold, 106 grams/tonne silver, 2.59% zinc, 2.04% lead and 0.38% copper.
The high gold intervals occur within a 25.85 metre thick zone from 178.15 metres with an average grade of 3.80 grams/tonne gold and 24 grams/tonne silver.
The gold and base metal mineralization in the latest hole is a down dip continuation of high grade gold intersected in another hole and extends this zone a further 100 metres towards the north where the mineralization remains open at depth.
Drill holes are planned to test a further 100 metres down dip from the recent intersection and between that intersection and previous drilling.
The drilling is within the south-west portion of the Faddy’s deposit and several hundred metres from the NE Gossan area where drilling and trenching by Geopacific during late 2008 intersected high-grade gold mineralization up to 313 grams/tonne gold, in, and beneath surface gossan outcrops.