Liontown Resources has received assays for an 14 hole/1,644m RC drilling program completed in mid-July at the Simba prospect in northern Tanzania.
The drilling was designed to test the continuity and strike extents of significant gold intersections previously reported for the Simba prospect and better intersections from the recent program include:
- JBRRC139 12m @ 1.2g/t gold from 92m
- JBRRC140 36m @ 1.1/t gold from 48m and 31m @ 1.2g/t from 104m to EoH
- JBRRC149 12m @ 1.0g/t gold from 24m
These results are in addition to a number of previously reported intersections from Simba including:
- JBRRC019 37m @ 1.3g/t gold from 9m
- JBRRC041 21m @ 4.7g/t gold from 70m
- JBRRC118 44m @ 3.0g/t gold from 24m
- MSRCDD0029 29.7m @ 3.2g/t Au from 114m and 20.2m @ 2.6g/t Au from 226.8m
The combined results define a 1km long, SW/NE trending arcuate zone of largely continuous gold mineralisation that comprises multiple lodes largely hosted by carbonate-altered syenite. The mineralised trend is open along strike where it is obscured by transported cover and there are a number of significant intersections to the east and southeast implying potential for parallel zones.
Further work will be planned following a comprehensive review of the results including assays for 1m splits which are pending.
Four RC holes were also drilled at the Chela prospect located approximately 8km NE of Simba. Anomalous gold values were recorded in 2 holes and the data is being reviewed to determine whether further work is warranted.