The Drill Down: Best Gold Assays (June 28-July 5)

The latest data, identified using the Mining Intelligence platform, reveals a series of impressive gold assays from various exploration and production stages around the world.

This week’s drill down focuses on the top gold assay results from June 28 – July 5, highlighting notable findings from Wesdome Gold Mines, Mt Malcolm Mines, and Great Boulder Resources. These results underscore the diverse geological settings and exploration strategies that are driving success in the gold mining industry. From high-grade, near-surface deposits to extensive mineralized zones, the projects featured this week demonstrate the dynamic nature of gold exploration and the potential for significant economic impact.

Eagle River

Wesdome Gold Mines’ Eagle River project in Ontario reported an intersection of 39.70 g/t over 8.70 m. This result emphasizes Eagle River’s potential as a high-grade, near-surface gold deposit. The Eagle River mine has a long history of production and remains a key asset for Wesdome Gold Mines. Recent drilling programs have consistently yielded high-grade results, suggesting significant potential for resource expansion. Wesdome is focused on extending known mineralized zones and exploring new targets within the Eagle River complex to enhance the project’s economic viability and long-term production profile.

Golden Crown

At the Golden Crown project in Australia, Mt Malcolm Mines reported an assay of 16.78 g/t gold over 14.00 meters from a depth of 4.00 meters. This result highlights the high-grade potential of the Golden Crown project. Located in the historic Leonora region of Western Australia, Golden Crown has demonstrated both high-grade and bulk tonnage potential. The shallow nature of this high-grade intersection suggests the possibility of cost-effective open-pit mining. Mt Malcolm Mines is advancing the Golden Crown project through systematic exploration and resource delineation to establish a substantial and economically viable gold resource.

Side Well

Great Boulder Resources’ Side Well project in Australia reported an assay of 13.83 g/t gold over 16.00 meters from a depth of 107.00 meters. This intersection underscores the project’s potential for large-scale gold production. Located in the Meekatharra region of Western Australia, the Side Well project benefits from good infrastructure and a supportive mining jurisdiction. Great Boulder Resources has been advancing the project through detailed drilling and development programs, aiming to define a robust resource base. The extensive nature of the mineralization at Side Well positions it as a significant project for Great Boulder Resources.

These assay results from Wesdome Gold Mines, Mt Malcolm Mines, and Great Boulder Resources highlight the ongoing exploration efforts and potential of their respective projects. As these companies continue to advance their projects, further developments and contributions to the mining sector are anticipated.

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Chris Berry

Vice-President Sales

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