Scout Drilling Identifies Large Gold Targets at Cue Evolution JV

  • Jun 05, 2020 AEST
  • Team Kalkine

Evolution Mining Limited (ASX: EVN) reported further test results from the recent regional scout aircore drilling program on Lake Austin Joint venture with EVN at Cue Project.

  • Aircore drilling results extend the Lake Austin North gold anomalism to more than 5.5km of strike, confirming potential for a large mineralised gold system. Significant results include:
  • 6m @ 4.2g/t Au from 116m (20MOAC031) including: 1m @ 18.2g/t Au from 117m
  • 9m @ 2.25g/t Au from 136m to EOH (20MOAC041)
  • Strong regolith gold halos also recognized for targets at West Island and Mainland East
  • 249 drill holes for 22,879m have now been achieved as part of the drilling program
  • The program was effective in identifying multiple high-priority basement gold targets for follow-up drill testing

Planning is on-going for Phase 2 scout drilling on Lake Austin which is scheduled to start off in late-July 2020.

 


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