Diamond Drilling has commenced at New Bendigo

Diamond Drilling commenced at New Bendigo “Main Zone” on the 25th May. Drilling commenced by re-entering a previously drilled RC hole (NB0107) that was not drilled to depth due to a significant amount of water being intersected that affected sample quality. The hole will be extend through the planned target zone.

Further to NB0107, MHC anticipates that DD Drilling will continue through to the end of June and will focus on evaluating the higher grade mineralisation at depth (>150m) that is interpreted to be associated with plunging shoots that recently returned significant high grade results, including:

  • 8m at 40.5 g/t Au from 70m, including 3m at 105.34 g/t Au (NB0089)
  • 16m at 13.89 g/t Au from 1m, including 3m at 69.20 g/t Au (NB0083)
  • 7m at 13.10 g/t Au from 97m, including 5m at 18.01 g/t Au (NB0113)

Figure 1: DD Core from the First Run at New Bendigo (NB0107 Re-entry)