BMG follows up spectacular gold hits near Wiluna

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Matt BirneySponsored
Exploration drilling at BMG Resources’ Abercromby project in WA.
Camera IconExploration drilling at BMG Resources’ Abercromby project in WA. Credit: File

BMG Resources is wasting little time following up on some prior spectacular gold hits at its Abercromby project near Wiluna with a dual exploration play at the site now in full swing. The program will see the explorer resume diamond drilling at its high-grade Capital prospect and probe a series of nearby structural targets using an aircore rig.

BMG expects to have its hands on the initial assay results from the latest campaign over the next month or so and if they resemble a prior spectacular 26 metre hit going 6.07 grams per tonne gold in any way it will be game on for the junior explorer.

The reignited diamond drilling program at the Capital Prospect resumes a new year campaign that will see the company sink 6,750m using a brace of RC and diamond drilling to carve up its Abercromby ground.

The company is now plugging away on the final three diamond holes planned for Capital, totalling around 1050m. The closing act will see BMG sink two holes to test the continuity of the known mineralisation to a depth of 500m and the third and final hole at Capital is aimed at deepening areas of drilling that were paused following water ingress.

The West Australian-focused gold explorer is also pressing ahead with a 12,000m aircore drilling program that aims to test a series of structural gold targets similar to the Capital and nearby Capital North prospects. BMG, has to date wrapped up close to 25 per cent of its aircore program, sinking almost 3000m.

The aircore targets were originally found through a sub-audio magnetic, or “SAM” survey across the southern tenure of BMG’s Abercromby tenure. The survey proved successful in lighting up a series of new structural gold targets the company now believes could be drill worthy.

It has now mapped out around 80 per cent of its Abercromby ground with SAM surveying.

Whilst we, like many of our peers, will have to patiently await the full results of these two programs, we are very pleased to have hit the ground running in 2022 and put our best foot forward for both prospective results and turnaround times for the results of these activities.

This year is shaping up to be another prospective one for precious metals explorers and BMG is pleased to be in the right jurisdiction and at the right time, to capitalise on our core assets.This year is shaping up to be another prospective one for precious metals explorers and BMG is pleased to be in the right jurisdiction and at the right time, to capitalise on our core assets.

BMG Resources Managing Director, Bruce McCracken

BMG’s wholly owned Abercromby project sits in the revered Wiluna greenstone belt, where over 40 million ounces of gold has been defined to-date.

The explorer has thus far confirmed the presence of a promising pair of gold-bearing lodes at its Capital prospect that forms part of the Abercromby project. Other notable previous hits at the project include 37m grading 2.58 g/t gold from 144m, 12m at 7.02 g/t gold from 80m and 56m going 1.51 g/t gold from 132m.

BMG’s ongoing drilling at Abercromby might just be laying the foundations for a busy year ahead. If it can sniff out more high-grade gold akin to that of previous hits at Capital, things could get interesting quickly.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

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