Significant Gold Discoveries at Leinster South Backed by High-Grade Rock Chip Assays
In the mineral exploration industry, the value of a resource is defined by the amount and quality of the minerals present. Data from high-grade rock chip assays are crucial in estimating these quantities, and these assays have provided strong support for new gold discoveries at Leinster South. This article delves into these recent finds, highlighting their significance to the industry and the role of rock chip assays in confirming them.
High-grade rock chip assays play a crucial role in mineral exploration. They involve the collection and chemical analysis of rock chips to determine the quantity and quality of minerals present in a deposit site. This information is critical in deciding whether a site is worth further exploration and eventual mining. It’s akin to a litmus test, determining the potential profitability of a site. The promising data from the high-grade rock chip assays at Leinster South exemplifies how significant these assays are in propelling mining activities.
The exploration activities at Leinster South have led to new gold discoveries. The endeavors were spearheaded by Moho Resources, a renowned Australian exploration company. They discovered high-grade gold of up to 33.3g/t at the Crossroads prospect. Furthermore, similar high-grade gold, amounting to 18.5g/t was discovered at the newly identified Tyrells prospect.
An important aspect of these new discoveries is the substantial width of the gold veins. At Crossroads, noteworthy intersections included 4m at 8.87g/t gold from 36m and 5m at 6.26g/t gold from 44m. At Tyrells, significant intersections involved 4m at 18.5g/t gold from 68m and 3m at 13.7g/t from 20m buried down. These significant widths reinforce the prospect of substantial gold reserves in these areas.
These discoveries did not emerge out of the blue; they were supported by promising data from previous rock chip assays. These assays provided a good indication that these areas were gold-rich and worth exploring further. Thus, the successes of Moho Resources underline the benefits of rock chip assays in leading to significant exploration discoveries.
The high-grade rock chip assays’ results also triggered further exploratory efforts in the precinct. After analyzing the data, Moho Resources has embarked on an extended drilling program, targeting similar high-grade gold. These activities include a 22-hole reverse circulation (RC) drilling program at the Tyrells prospect. There will also be extensive drilling at Crossroads, where the previously discovered high-grade gold led to preliminary exploration.
The new gold findings backed by rigorous high-grade rock chip assays have generated much excitement in the mining industry. They serve as a beacon of the untapped potential that awaits diligent exploration. Further, they highlight the significance of assays in guiding these exploratory ventures, offering a strong argument for their continued usage in the mining industry.
The discoveries at Leinster South particularly raise the bar for Australia’s mineral exploration sector. Moho Resources’ success may catalyze a renewed surge in exploration ventures, fortified by the reliable insights high-grade rock chip assays offer. The future, it
