AS gold prices continue to rise rapidly, gold exploration is ramping up all over the goldfields and Sandstone is no exception.
Aircore geochemical drilling at Middle Island’s Sandstone gold project, WA, has confirmed a new Tailings South gold target, just 800m south, a result from the Jan 2020 1800m program.
Tailings South will be the last prospect to be tested as part of the company’s current 12,300m Phase I reverse circulation (RC) drilling program.
These additional Mineral Resources will be applied to the Sandstone pre-feasibility study which is expected to be completed by the end of the 2020 June quarter, and will be crucial to decision around
recommissioning.
Originally identified by a Weights of Evidence (WoE) structural targeting study, the anomaly is understood to be related to a series of folded banded iron formations (BIF)s.
Assay results are imminent on the 11,000m of the planned 12,300m Phase I RC program, which has been finalised.
