Figure 1: Bulgera Gold Project Location Plan and Drill Targets over Satellite Imagery1.0 IntroductionGibb River Diamonds Limited (ASX: 'GIB' or 'Company') is pleased to announce the acquisition of the Bulgera Gold Project, situated in the Plutonic Well Greenstone Belt in Western Australia. The Project lies 10km east of the Marymia gold mine and 48km via existing haul road to the operating Plutonic Gold Mine that has produced over 5 million ounces of gold since 1990.
3.0 JORC Exploration Target on Areas of Known Mineralsiation
The section spacing was assigned as the strike length (section window) and the thickness was estimated using the existing drilling data and the extrapolation of mineralisation. These three dimensions allow for the estimation of a volume for each section.
Figure 4: Cross Section – Mercuri DepositFigure 5: Cross Section - Bulgera DepositFigure 6: Cross Section – Venus DepositFigure 7: Cross Section – Venus South ProspectRefer to Appendix B for assays of intersections which are not shown on section (due to space restrictions).Figure 8: Cross Section – Price South ProspectFigure 9: Cross Section – Rainbow Ridge North Prospect4.0 Bulgera Project: Discovery, Exploration and Mining
Figure from Barrick dataBulgera Gold Project Geology