Our regional exploration strategy is to identify and test new intrusions and expanding the known shear-hosted resources
Ongoing interpretation and assessment of a detailed project-wide aeromagnetic survey and geochemical data has identified four regional intrusions and more than 30 potential intrusions targets requiring assessment.
Since the discovery of Hemi in late 2019, drilling activity has focussed heavily on extending and defining Hemi, with some aircore drilling also extending to Greater Hemi later in 2020.
This means significant untested exploration potential remains throughout the 1,500km2 Mallina Project area.
Some of the known intrusions – Charity Well, Calvert and Geemas – will be tested with aircore drilling during 2021. Work will also be completed on identifying new, large scale, high value intrusions like Hemi from these new potential targets.
Outside of Hemi, a Mineral Resource of 37.4 million tonnes grading 1.8g/t gold for 2.2 million ounces exists which is predominantly made up of shear-hosted mineralisation. These deposits remain open and have an increased value in a future development scenario following the Hemi discovery.
More than 200km of shear zones have been identified across the project area which has potential for new discoveries. More work will be done in future on this style of mineralisation with the aim of significantly increasing the current resource.