Victory continues to make case for old Coogee pit extension
Victory Mines is continuing to make a case for possible northern extensions to the gold lode that was previously mined in the old Coogee open pit near Kalgoorlie. Their latest assays include more solid drill statistics and 4 metres going 9.34 grams per tonne of gold from 175 metres that hosts a 2-metre intersection.
The company notes the results mean the possibility of more high-grade shoots along the main trend north of the old Coogee pit. Further drilling is now in planning to define both the potential tonnage and ore.
Executive Director Matthew Blake said: “We have now received further encouraging gold‐copper results from our third phase RC drilling programme which continue to further refine the Coogee geological and mineralisation model. In particular, the identification of potential new high grade gold shoots is important as we continue our exploration drilling to discover an attractive high‐grade underground gold‐copper resource at depth.”
There are now plans to submit outstanding samples for an analysis and to generate a 3D block model for the purpose of identifying additional target areas.