Kentor Gold (ASX: KGL) has successfully extended the mineralised area and identified that the zone is continuous from the base of the NOA 7 pit to a depth of around 200 metres below the base of the existing pit - after a successful reverse circulation drilling program.
New results include; 4 metres at 5.8 grams per tonne (g/t) gold from 63 metres; and 11 metres at 4.0g/t gold from 117 metres.
Simon Milroy, managing director, commented on the positive news: "Resource modelling will now commence, followed by pit optimisation and pit design with the aim of adding the NOA 7 and 8 resources into the mine plan."
Where the opportunity continues to evolve for Kentor at the project is that existing pits were only mined to a depth of 30 metres to 60 metres from the surface, and with mineralisation remaining open down dip and along strike to the north - there is the potential for additional discoveries.
Murchison Gold Project - back story
The Murchison Gold Project comprises the Burnakura gold and Gabanintha gold-copper sites around 50 kilometres south of Meekatharra.
Kentor is proceeding with Phase 1 of a four-phase development program at Murchison, with production scheduled to commence at Burnakura at a rate of 24,000 gold ounces annually.
Planning is underway for an expansion in 2013, with initial production to be sourced from the Lewis and Reward pits at Burnakura.