Announcement • Sep 24
Barra Resources Limited Announces Resumption of Aggressive Exploration At Burbanks
Barra Resources Limited announced that exploration activities at Burbanks are scheduled to resume imminently, with 5,500 metres of combined Reverse Circulation (RC) and Diamond Drilling (DD) planned, as well as an extensive logging and sampling campaign of existing historical drill core which is modelled to intercept known orebodies and likely extensions to known orebodies. The principal focus of drilling at Birthday Gift, Main Lode and Burbanks North is to extend zones of known high-grade mineralisation which will subsequently support later phases of infill drilling required for resource updates. at Burbanks South, the Company is seeking to undertake an initial phase of infill drilling, leveraging of over 2,500 metres of historically completed drilling which will support future resource updates. The Burbanks Gold Project includes the Burbanks Mining Centre, as well as over 5.0 kilometres of the highly prospective Burbanks Shear Zone, historically the most significant gold producing structure within the Coolgardie Goldfield. The Burbanks Mining Centre comprises both the Birthday Gift and Main Lode underground deposits where recorded historic underground production totalled 324,479 ounces, at an average grade of 22.7g/t Au from predominantly the upper 140 metres. Crucially, mineralisation remains open at shallow depths below the historic mine workings where there has been limited exploration completed below 250 metres, and no exploration completed below 350 metres. This under explored horizon below 250 metres will form the basis of the forthcoming 3,200 metre extensional drill campaign targeting extensions to known Outside of the Burbanks Mining Centre, Barra controls over 5.0 kilometres of the highly prospective Burbanks Shear Zone which has seen limited exploration below 150 metres, despite hosting known mineralisation, including the Burbanks North Deposit of 359,998 tonnes at 1.8g/t Au for 20,400 ounces (Inferred)3. This under explored horizon below 150 metres will form the basis of the forthcoming 600 metre extensional drill campaign at Burbanks North, following up on drilling completed in late 2020 and leveraging off six existing RC pre-collars which require diamond drill tails to reach the target depth. Significant drill incepts from the recent drilling at Burbanks North, include: BBRC292: 3.0m Barra Resources Limited announced that exploration activities at Burbanks are scheduled to resume imminently, with 5,500 metres of combined Reverse Circulation (RC) and Diamond Drilling (DD) planned, as well as an extensive logging and sampling campaign of existing historical drill core which is modelled to intercept known orebodies and likely extensions to known orebodies. The principal focus of drilling at Birthday Gift, Main Lode and Burbanks North is to extend zones of known high-grade mineralisation which will subsequently support later phases of infill drilling required for resource updates. at Burbanks South, the Company is seeking to undertake an initial phase of infill drilling, leveraging of over 2,500 metres of historically completed drilling which will support future resource updates. The Burbanks Gold Project includes the Burbanks Mining Centre, as well as over 5.0 kilometres of the highly prospective Burbanks Shear Zone, historically the most significant gold producing structure within the Coolgardie Goldfield. The Burbanks Mining Centre comprises both the Birthday Gift and Main Lode underground deposits where recorded historic underground production totalled 324,479 ounces, at an average grade of 22.7g/t Au from predominantly the upper 140 metres. Crucially, mineralisation remains open at shallow depths below the historic mine workings where there has been limited exploration completed below 250 metres, and no exploration completed below 350 metres. This under explored horizon below 250 metres will form the basis of the forthcoming 3,200 metre extensional drill campaign targeting extensions to known Outside of the Burbanks Mining Centre, Barra controls over 5.0 kilometres of the highly prospective Burbanks Shear Zone which has seen limited exploration below 150 metres, despite hosting known mineralisation, including the Burbanks North Deposit of 359,998 tonnes at 1.8g/t Au for 20,400 ounces (Inferred)3. This under explored horizon below 150 metres will form the basis of the forthcoming 600 metre extensional drill campaign at Burbanks North, following up on drilling completed in late 2020 and leveraging off six existing RC pre-collars which require diamond drill tails to reach the target depth. Significant drill incepts from the recent drilling at Burbanks North, include: BBRC292: 3.0m at 5.38g/t Au from 185m4; BBRC294: 4.0m at 2.58g/t Au from 168m4; and BBDD032: 5.0m at 2.83g/t Au from 240m5. at Burbanks South, over 2,500 meters of RC drilling has historically been completed, serving to delineate a 400 metre strike of shallow near surface mineralisation which will form the focus of an 1,800 metre infill RC drill campaign targeting near term resource additions, and better definition of potential high-grade plunges. Previously drilled intercepts from Burbanks South, include: BBRC079: 3.0m at 6.3 g/t Au from 23m6; BBRC082: 1.0m at 8.14 g/t Au from 32m; and BBRC082: 4.0m at 5.26 g/t Au from 38m. Finally, the Company has undertaken an initial review of the extensive historical drill core library (over 60.0 kilometres historically drilled at Burbanks) with the purpose of identifying unsampled drill core, either passing through or adjacent to known orebodies. The initial review has identified 25 high priority unsampled drill core intervals, of which 15 holes have been prioritised for logging and sampling. Barra expects the logging, sampling, and assaying campaign to begin imminently, and will continue to review the extensive core library for unsampled intercepts serving to lower the cost of discovery, increase resource confidence and guide future exploration decisions. 5.38g/t Au from 185m4; BBRC294: 4.0m at 2.58g/t Au from 168m4; and BBDD032: 5.0m at 2.83g/t Au from 240m5. at Burbanks South, over 2,500 meters of RC drilling has historically been completed, serving to delineate a 400 metre strike of shallow near surface mineralisation which will form the focus of an 1,800 metre infill RC drill campaign targeting near term resource additions, and better definition of potential high-grade plunges. Previously drilled intercepts from Burbanks South, include: BBRC079: 3.0m at 6.3 g/t Au from 23m6; BBRC082: 1.0m at 8.14 g/t Au from 32m; and BBRC082: 4.0m at 5.26 g/t Au from 38m.