USD $4,165.18
Goldman Historical review identifies a wider pipeline of near-mine targets at White Dam
Broken Hill Gold Limited (ASX:BH6) has identified a series of near-mine gold-copper targets across its White Dam Gold Project in South Australia following a review of historical exploration and geophysical data.
The review covered prospects with shallow oxide gold and copper intersections but limited or no deeper drilling. Broken Hill Gold said several targets share structural and geophysical characteristics with the Vertigo, Hannaford and Icebreaker deposits.
Selected historical drilling highlighted by the company includes:
- 36m at 1g/t gold and 0.3% copper from 56m at Green and Gold, including 4m at 3.8g/t gold and 0.5% copper from 64m
- 16m at 0.9g/t gold and 2.2% copper from 13m at the Mary Mine
- 9m at 0.9g/t gold and 0.5% copper from 89m at Wilkins, including 1m at 4g/t gold and 0.3% copper from 92m
- 29m at 0.7g/t gold and 0.02% copper from 315m down-hole beneath the Hannaford pit
Induced-polarisation and magnetic surveys are due to begin over priority targets before deeper drilling. The company is also drilling the Icebreaker oxide resource area and planning programs at Vertigo North Extended and Hannaford to support an updated and upgraded oxide mineral resource estimate in the fourth quarter of 2026.
Broken Hill Gold managing director Matthew Boyes:
The Icebreaker discovery has really shifted our focus to the potential for a significant sulphide hosted copper-gold system near surface at and nearby the central White Dam project area. The area has never been systematically explored for a major copper-gold system with recent exploration only targeting shallow oxide mineralisation and extensions to known outcropping systems.
The Curnamona province is becoming some of the most prized exploration ground in Australia with major companies now focusing on acquiring and exploring in the region primarily for IOCG and large metasediment hosted copper-gold systems.
The Curnamona hasn’t seen anywhere near the levels of exploration expenditure required to adequately test the potential and, with our large ground position, we have multiple areas and new targets to start expanding our exploration programmes.
A large portion of the recent capital raising will now be allocated to regional exploration programmes with extensive geochemical and geophysical programmes plus re-processing of historical datasets and work from previous explorers.
