Drilling to re-commence at Mila Resources’ Kathleen Valley project
Published by Isabelle Keltie,
Editorial Assistant
Global Mining Review,
Mila Resources Plc, the post-discovery exploration accelerator, announced that drilling will re-commence at the Kathleen Valley Gold Project in Western Australia next week.
The programme consists of a Six-hole reverse circulation (RC) programme for 820 m with depths from 90 – 180 m building on the 2022 programme which confirmed consistent, high-grade mineralisation at Kathleen Valley.
The RC programme designed to extend the known mineralisation along strike to the north-west where it is open and untested.
A report is being commissioned to study the deeper mineralisation – previous drilling identified high-grade mineralisation at depth including 1 m @ 27.60 g/t Au and 47.50 g/t Ag from 211 m.
Kathleen Valley is proximal to some of the largest gold projects in Australia, including the adjacent, high-grade Bellevue Gold Project, the high-grade producing Agnew Gold Mine and the Bronzewing Gold Mine.
Mark Stephenson, Executive Chairman of Mila commented: “We are pleased to be launching this small and targeted RC programme, which we believe will provide useful insights into the wider resource potential at Kathleen Valley. We are also continuing to progress JV discussions as previously reported, for the right to explore for high-demand minerals, other than precious metals and base metals, which Mila will retain the rights to. Whilst no guarantees can be provided at this stage, we are hopeful that we can provide full details of a potential transaction in the coming weeks.”
Read the article online at: https://www.globalminingreview.com/mining/23062023/drilling-to-re-commence-at-mila-resources-kathleen-valley-project/
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