The Myalla Prospect (EL 8164) lies 15 kilometres to the north east of Dalgety in NSW and is 30 kilometres from the Paupong Project covering 54 square kilometres.
Drilling in two holes by previous explorers intersected ~25m below surface a zone of a sulphide veining, massive sulphides and stinger zones; 3 contiguous samples together assayed 1.2 g/t Au over ~6m true thickness (12 m apparent thickness). Grab sampling by previous explorers of the veins from outcrops has gold assays ranging from less than detection up to 11.1 g/t Au.
Historical drilling intercepts from previous exploration undertaken in 1983 include:
- SGDH8 12m @ 1.2g/t Au from 39m including
- 2.7m @ 4.3g/t Au, 35g/t Ag and .73% Cu from 42m;
- SGDH 3 7.4m @ 1.10g/t Au from 9m in oxidised zone; and,
- SGDH 2 1m 13.5% Zn, 0.44% Pb, 0.17g/t Au and 6.6g/t Ag, from 74m
The Company has received drill permitting from the NSW Government and will commence first pass RC drilling at Myalla and look forward to testing this exciting massive sulphide prospect towards the end of 2017