EXCEPTIONAL GOLD INTERCEPT DEEP WITHIN DALGARANGA

New Depths Reveal Rich Gold at Never Never Deposit

Spartan Resources (ASX:SPR) Dalgaranga Gold Project announces a remarkable gold find at the Never Never Deposit, with the deepest assay result to date. The significant intercept of 16.65m at 10.29g/t gold, which includes a high-grade section of 3.00m at 52.03g/t gold, underscores the deposit’s potential for high-grade resource growth.

This intercept is situated near the base of the newly estimated Mineral Resource of 952,900 ounces, demonstrating the continuation of strong gold mineralization even at advanced depths.

Spartan’s Managing Director and CEO, Simon Lawson, remarks:

DGRC1377-DT is a highly significant hole and a great way to start the year! Apart from being the first assayed intercept for 2024, it is also the deepest assay result to date from Never Never and importantly is located below the flexure zone which we encountered in some of our deeper drilling late last year.

This flexure zone was the first time we had seen any structural disruption to this incredibly consistent, high-grade gold discovery – an area of apparent thinning and possible transposition of the ore body. We have now shown that beneath this zone of potential uncertainty, there is still a monster lurking!

To start the New Year with such an incredible intercept has given our team great confidence in our ability to continue growing this deposit at depth.

Read the full announcement

Goldman

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