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Enterprise Metals Hits Gold At Doolgunna

Enterprise Metals (ASX: ENT) has discovered more gold in an air-core drilling program at the Goodin Fault Prospect, which is hosted within the company's Doolgunna Project - located 130 kilometres north-east of Meekatharra in Western Australia.

The Goodin Fault is developing as a new target, with highlights from another 99 holes including; 4 metres at 19.50 grams per tonne (g/t) gold from 20 metres, 4 metres at 2.99g/t gold from 60 metres, and 4 metres at 1.11g/t gold from 56 metres.

This follows up on previous air-core drilling that intersected 4 metres at 12.30g/t gold from 72 metres.

The news flow will remain strong in the short term as results from another 54 holes at the Vulcan and the Goodin Fault Prospects are currently pending.

When all of the results have been received, reverse circulation drilling can then be used to to test copper/gold targets in the primary zone - with this drilling to commence in the New Year.

The 245 air-core program

The extensive drilling program, which was completed in October, included of 245 aircore holes for 14,785 metres, with spacing ranging from 50m x 50m to 100m x 200m.

Targets from the program included visible gold mineralisation identified in gossan within an excavated trench, along with a 1500 metre long copper/gold soil anomaly at Vulcan.

The new assay results show zones of anomalous gold adjacent to the interpreted position of the Goodin Fault over around 3 kilometres of strike.

Drilling also followed up rockchip samples including (810g/t gold, 0.1% copper, 18.3g/t silver, 1.0% Bi, 132ppm Mo).

Enterprise said that the expectation was, and still is, that remanent gold (copper) mineralisation in the regolith would assist in the location of primary sulphide targets for reverse circulation drill testing in the fresh rock below.

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