Chesterfield Resources plc said that assay returns from recent diamond drilling revealed a significant gold-mineralised system in the Westline target at its Troodos West project in Cyprus.
INTERSECTIONS
The company added that thick and locally high-grade gold intersections were evidence of a significant gold-enriched mineralised system which so far covered some 220m by 300m and was open on three sides.
Highlights of assay in drill hole 21WL03 include 21.4m grading 1.75g/t gold, (from 98.7m, downhole), and within this a high-grade zone of 3.3m grading 6.55g/t gold and 90.35 g/t silver (from 100.20m, downhole).
Chesterfield added that 21WL03, drilled this year, had recorded the thickest and highest-grade intersections to date, suggesting that the body increased in size and grade towards the south.
Preliminary results from a nearby hole 21WL02 include 0.82g/t gold over 10.15m (from 96.00 meters), including 1.34g/t gold over 5.75m (from 100.40m, downhole).
Hole ID | From(m) | To(m) | Interval(m) | Au (g/t) | Ag (g/t) |
21WL02 | 96.00 | 106.15 | 10.15 | 0.82 | |
Including | 100.40 | 106.15 | 5.75 | 1.34 | |
Including | 103.95 | 106.15 | 2.20 | 2.48 | |
21WL03 | 92.90 | 120.10 | 27.20 | 1.41 | 16.00 |
Including | 98.70 | 120.10 | 21.40 | 1.75 | 19.97 |
Including | 100.20 | 113.60 | 13.40 | 2.22 | 26.60 |
Including | 100.20 | 103.50 | 3.30 | 6.55 | 90.35 |
Including | 100.20 | 101.70 | 1.50 | 9.07 | 157 |
FURTHER DRILLING
The drill programme aimed to test for an extension of a gold-mineralised zone identified through compilation of archive work and nearby historic drilling.
In combination, 15 contiguous drill holes outline a continuous, thick, shallowly dipping and tabular body of gold mineralisation, that is also strongly anomalous in copper and zinc.
Chesterfield plans detailed geophysics and further step-out drilling to enlarge the continuous zone of gold mineralisation and explore for higher gold-silver grades and possible zones of copper-zinc enrichment.