Jundee exploration a resounding success

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 06 Jul 2016   Posted by admin


Jundee gold mine operations. Image: Northern Star Resources.

By Elizabeth Fabri

AREAS of high-grade mineralisation have been discovered at Northern Star Resources’ Jundee gold mine, up to 800m from existing operations.

The newly-identified resources were found in Northern Star’s first exploration campaign at the mine since it purchased the asset in 2014. While the company was only 15 per cent through its drilling campaign, the early results suggested Jundee would continue to operate at or around current production levels for many years.

New discoveries included the Armada and Revelation trends, and the expansion of known parameters of seven mining areas. The Gateway-Gringotts trend produced positive drilling results including 2.8m at 598 grams per tonne, while Westside recorded 0.8m at 3933g/t.

Northern Star managing director Bill Beament said the findings were game-changing for the future of Jundee. “We took the decision to invest heavily in the future of Jundee and these results show that we are being repaid many times over,” Mr Beament said. “We are finding high-grade gold in every direction we drill and in some cases, almost 1km from the existing operations. “We know Jundee has a distinguished history as a world-class gold mine – and now we know that its future will be just as exciting.”