Underground rock sampling by Strategic Elements at the Aorangi Gold Project has returned high grades of up to 16.5 grams/tonne. Surface rock sampling has returned up to 35.8 grams/tonne.
These results follow recent high-grade results from virgin exploration ground about 6km southwest of the Aorangi mine at West Wanganui. Strategic is the first modern explorer into much of this heavily vegetated area. Panned concentrates reported high grades of 24.33 grams/tonne, 14.49 grams/tonne, 4.07 grams/tonne and 3.54 grams/tonne.
New data from systematic exploration of the West Wanganui and Golden Blocks Lode areas is rapidly building a picture of a high-grade shale/slate belt with significant potential for new gold discoveries and depth/strike extension of historic gold mines. The company controls 100% of the 131sqkm permit.
Along with the Aorangi mine, there are four other old gold mines along a 2.4km zone of gold mineralization - the Golden Blocks Lode. The lode potentially has gold mineralization beneath, between and around the known mines not detected with 1914 exploration techniques. The high-grade nature of sampling is a highly attractive aspect of the project.
The company has conducted a logistics exercise for future access and exploration of the Aorangi mine and surrounding area with drilling and mining services contractors. It is compiling this information into a plan to progress the historic mines along the Golden Blocks Lode.
Meantime, Strategic has also announced coincident gold, tungsten and rare earths in panned concentrate samples from creeks draining Mt Rangitoto, West Coast, New Zealand. A panned concentrate sample contained 16.4 grams/tonne gold, 484ppm tungsten and 1342ppm REE from a creek draining a previously unknown granite intrusion, recently discovered by the company.
The sampling program followed up circular features in the landscape identified by the company in satellite images. After helicopter-assisted access into the Mt Rangitoto area, the company discovered a granite intrusion exposed in Schonfelder Creek, intruded into Greenland Group rocks.
Even though only limited sampling has occurred thus far, many geological characteristics of a mineralized granite system are being sighted. Gold in conjunction with tungsten and/or rare earths indicates the mineralization is potentially sourced from granite intrusive rather than transported alluvial cover.
Further follow up on the Schonfelder feature will involve sampling through the centre of the intrusive and traversing further up the mountain from the highly anomalous sample.