Sampling results confirms Gawain Grade

Australian diamond explorer North Australian Diamonds Limited has increased the total JORC compliant ‘Indicated and Inferred Resource’ at its 100 per cent owned Merlin Diamond Project in the Northern Territory of Australia, following successful drilling into the PalSac pipe as part of phase two of the resource definition drilling programme.

This drill hole, which was angled across the pipe at an inclination of 76°, provided a kimberlite intersection of 231m, entering the pipe at a vertical depth of 205m and exiting the pipe at a vertical depth of 430m. This intersection extends the known footprint of the pipe from 300m depth to 430m depth. The areal extent of the pipe at 300m below surface is 1.06ha.

An assessment of the PalSac resources based on this new drilling information has allowed the JORC compliant total ‘Indicated and Inferred Resource’ to be increased from 6.72M tonne to 7.88M tonne. This resource is from the base of open-pit at 108m depth to 430m below surface.

The ongoing resource definition drilling and evaluation programme will continue to be focussed on PalSac pipe and intends to extend the PalSac pipe resources to 600m below surface. If the pipe continues to maintain its gauge at depth this would see the PalSac resource increase to approximately 10.5 M tonne.

Story link: Sampling results confirms Gawain Grade