Red Mountain Mining has received additional very high grade gold results from surface trench channel sampling at the Limestone target on the Batangas Gold Project, 120km south of Manila. The target is 500 metres southwest of the South West Breccia (SWB) gold resource at Lobo.
The new very high grade results are from extensions of the 20 metre strike length of outcropping lode that has been excavated to the southwest and northeast of previous trenching, immediately before the lode is interpreted to continue under limestone cover.
Results include 3.5 metres @ 25.9 grams/tonne gold including 1.5 metres @ 56.8 grams/tonne and 0.5 metres @ 145 grams/tonne; 2.0 metres @ 14/2 grams/tonne including 0.5 metres @ 41 grams/tonne; and 1.2 metres @ 23.4 grams/tonne including 0.5 metres @ 28.3 grams/tonne.
Bulk sampling and drilling is being planned to test lode extensions under the limestone cover.
Red Mountain’s managing director Jon Dugdale says, “These new gold intersections indicate that the lode is very high grade up to the limestone contact in both directions. The lode is very likely to continue under that limestone blanket.
“We are understandably keen to test this theory with further exploration. The next step is to test for extensions of this very high grade lode by drilling under the limestone cover and at depth.”