Theia In-fill - Multiple High-Grade Zones of Gold
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Theia In-fill - Multiple High-Grade Zones of Gold
Exceptional news flow continues from our 100% owned Mandilla Gold Project! The latest results from our Theia Deposit have enhanced the confidence whilst opening up exploration at Theia West. High-Grade In-Fill De-Risks Theia Assay results from the next 20 holes of the in-fill RC program confirm consistent, broad zones of high-grade gold mineralisation, boosting our pathway to a Measured Resource classification. Key Intercepts • 18 metres at 6.67g/t • 39 metres at 2.98g/t • 25 metres at 3.20g/t These 20 holes averaged a 56gram x metres, delivering the density and grade needed to potentially underpin a Measured Resource for the Stage 1 open pit, as defined in the Mandilla PFS. This significantly de-risks the early mine life. Theia West: A New Growth Story A single line of exploration drilling just West of Theia has intersected a new, interpreted steeply-dipping gold mineralised structure to the Mandilla mineralisation. Best Results: • 1 metre at 24.8g/t • 3 metres at 3.97g/t The exploration rig will be relocated after the current program to further test this exciting new structure. Growth potential at Mandilla just got a lot bigger!
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