Millenium Minerals Ltd has reported that exploration at the company’s Nullagine Gold project in the Pilbara region of Western Australia has delivered more strong results. This supports the company’s plans to increase production and mine life.
Recent drilling has returned very positive intercepts from AU81 West, part of the Golden Eagle Mining Centre, and has underlined the potential to extend the historical pits at Little Wonder and Roscoes Reward, part of the Camel Creek Mining Centre.
Drilling at Au81 West is designed to test for deeper extensions, with the latest results including:
- 9 m at 3.30g/t Au from 59 m, including 2 m at 7.85g/t Au from 63 m.
- 10 m at 3.05g/t Au from 59 m, including 1 m at 13.4g/t Au from 63 m.
Additionally, the recently-announced review of conglomerate-hosted gold potential at Nullagine has delivered positive results, confirming the presence of gold mineralisation within the Dromedaries – two conglomerate-capped ridges located immediately East of the Golden Eagle Plant.
These latest exploration results follow the company’s recent gold discovery at Redbeard.
Collectively, these results highlight high-grade gold intercepts from the entire mineralised corridor at Nullagine from the Southwest to the Northeast. This demonstrates the project’s outstanding growth potential and supports Millenium’s plan to deliver a step-change increase in production and mine life at Nullagine, aimed at establishing a minimum five-year mine life based on annual production of 100 000 oz per annum.
Mineral resource and ore reserve estimates are expected to be released early in 2018.