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  • Rubianna Resources Intersects Significant Gold At Ruby Anna East 0 comments
    May 4, 2014 8:38 PM

    Rubianna Resources (ASX: RRE) has intersected significant gold intercepts from drilling at its Ruby Anna East prospect at depth northeast of Meekatharra, Western Australia.

    The gold intercepts look to have extended Ruby Anna East at depth.

    Best results from the deep, broad spaced extensional drilling at Ruby Anna East included:

    - 9m at 2.87 g/t gold from 126 metres in RWRC0161
    - 2m at 9.95 g/t Au from 14 metres, including 1m at 17.76 g/t Au from 141metres) in RWRC0196

    The results have confirmed the interpretation of a down plunge, quartz vein hosted, mineralised trend.

    Drill program

    The regional exploration drill programme included a total of 63 RC drill holes for 5,703 metres designed to test extensions at depth to existing resources at Ruby Anna East, Golden Hope and Bloodstone.

    The proposed target "quartz veining" was intersected as anticipated in all holes at all targets with significant intervals reported.

    Results from the broad spaced drilling at the Harder-to-Find prospect have confirmed the potential for the quartz vein hosted, mineralised trend to continue below the historic workings, with a best result of 3m at 9.35 g/t Au from 72 metres (including 1m at 24.93 g/t Au from 73 metres) in RWRC0195.

    While mineralisation has confirmed an "exciting" new mineralised trend at the Georges prospect.

    The broad-spaced, shallow "greenfields" drilling has identified an entirely new mineralised trend at the Georges prospect, while minor low-grade results occur at most of the other regional prospects within the tenement.

    Rubianna's Managing Director, Dr Steve Batty, said "The completed RC drilling has highlighted encouraging gold mineralisation at depth at Ruby Anna East and Harder-To-Find and at shallow depth at the Georges prospect.

    "The just completed exploration drill spacing is very broad an and infill and extensional drill programme is required at each of the above prospects in order to further evaluate the potential to add to the current resource base for the Ruby Well project.

    "In addition we look forward to being able to explore the new tenement applications (E51/1611 & E51/1612), which are contiguous with the Ruby Well ground, once granted."

    Further drill programmes will be planned, especially for Ruby Anna East, while a small QAQC programme will continue in order to assess the nuggetty gold and assaying techniques.

    Analysis

    The exploration drilling has demonstrated that target "quartz veining" extends in the area and was intersected in all 63 holes. The small quartz vein systems are carrying gold and underneath there is nuggety gold. More questions have been answered with this phase of drilling.

    Technically the results were very good and demonstrate that there are definitely primary targets worth following up. The drill spacing was very broad and points to further follow up drilling. There were some very good intersections at Ruby Anna East that would likely be the priority for the follow-up.

    In addition, the 9 gram per tonne grade interval at Harder To Find prospect was also very good and is unusual for the area but is worth a follow up. While greenfields drilling has identified an entirely new mineralised trend at the Georges prospect, that appears interesting.

    However, it is Ruby Anna East that looks to be the money and holding most promise in future exploration for Rubianna. For it is a story that is still unfolding.

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