Encounter Resources has commenced a planned ~3000m RC drill program at the Telfer West gold project.

Background:

Telfer West (E45/4613) covers an area of approximately 121km and is located 25km north west of Newcrest’s major gold-copper operation at Telfer. The gold mineralisation discovered at Telfer West is coincident with the interpreted fold axis of a major 8km by 5km dome. The interpreted fold axis corridor has been partially tested in only three locations along its 8km strike. In late 2016, the first two diamond holes drilled 4km apart by Encounter at Telfer West, both intersected significant gold mineralisation:

  • Egg Prospect: Diamond drill hole (ETG0002), intersected a broad, depth extensive, zone of stockwork style gold mineralisation at the Egg Prospect including 38.6m @ 1.0g/t Au from 333m (including 4.2m @ 3.2g/t Au from 333.5m) and 36m @ 0.6g/t Au from 396m (including 3.2m @ 3.3g/t Au from 415.2m).
  • Northern Magnetic Anomaly: Diamond drill hole (ETG0003), drilled 4km north-west of the Egg Prospect, targeted a magnetic corridor and intersected strong supergene gold mineralisation that included 24.9m @ 0.7g/t Au from 127.1m and 4.0m @ 7.1g/t Au from 216m.

RC Drill Program

Activities at Telfer West have commenced with a ~3000 metre RC program.

Drilling at the Egg Prospect will target the near surface position of the stockwork mineralisation discovered in ETG0002 and test for extensions northwest and southeast.

RC drilling adjacent to ETG0003 will aim to identify the extent of the supergene gold mineralisation discovered along the northern section of the fold axis and define vectors to the primary mineralisation.

Following completion of this initial RC drill program at Telfer West, a multi-purpose diamond drill rig is scheduled to arrive on site in April 2017. This rig will complete additional drilling at Telfer West, initial drilling at the East Thomson’s Dome gold project, drill test the copper-cobalt gossan identified at Lookout Rocks and the Cobalt Zone at BM7.

The drilling at Telfer West will be partially funded by a WA Government EIS grant ($150,000).