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High-grade gold hits at Kalgoorlie satellite project

High-grade gold hits at Kalgoorlie satellite project

A pile of high-grade gold has hit from infill and extensional drilling at Horizon Minerals’ recently acquired historical Kalpini project in Western Australia.

Horizon Minerals Managing Director Jon Price made the announcement and said the company’s 6,000m-plus program returned better intersections of 12m grading 5.57 grams per tonne gold from 203m including 2m at 12.92 g/t from 211m and 5m going at 10.21 g/t from 70m including 1m at 28.83 g/t from 72m. Other stand-out intercepts were 7m at 6.01 g/t from 91m including 1m at 22.04 g/t from 93m, 1m at 41.53 g/t from 195m, 6m at 4.45 g/t from 90m including 1m at 10.24 g/t from 92m, and 1.5m at 20.74 g/t from 99.5m.

“The first drilling program we have completed has delivered excellent results confirming the potential for further open-pit stages and significant upside at depth for potential underground development. We now look forward to completing the updated mineral resource estimate and advancing the project as part of the consolidated feasibility study,” said Director Jon Price.

Core satellite feeder deposits

Perth-based Horizon purchased Kalpini, which came with a remnant gold resource of more than 200,000 ounces, from private outfit NBT Metals for US $2.75 million in cash late last year. The project takes in the Camelia, Gambia and Atlas deposits on a granted mining lease.

Horizon is looking at Kalpini as one of the core satellite feeder deposits within trucking distance of its proposed Boorara processing and mining operation. Stage one contract mining of the Gambia open pit at Kalpini was completed in 2019.

Kalpini is situated in the Kurnalpi domain of the Norseman-Wiluna greenstone belt in the Yilgarn Craton. The region is characterised by a series of north-north-west-trending interconnected greenstone belts that have been intruded by granitoid batholiths.

 

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