Drilling has intersected three new high-grade mineralised structures at the mine which form part of the new Baron d’Este ore zone.
Significant composite intersections include 124.7 grams of gold per tonne over 0.46m; 33.6 grams of gold per tonne over 2.86m; 25.46 grams of gold per tonne over 1.07m; and 39 grams of gold per tonne over 0.48m.
The ore zone has been intersected between 300m to 700m below surface (11 to 23 levels), and the new ore zone is open along strike and down dip.
According to the company, drilling continues to further define the extent of this new discovery.
Vatukoula Gold Mines CEO David Paxton said the discovery of the Baron d’Este ore zone is highly encouraging as it represents the first new high grade ore zone discovery at the Vatukoula site for over 20 years.
"The discovery also substantiates our belief that our Fiji operation has excellent potential to expand its current resource and reserve base with high grade ore zones," Paxton said.
