PANORAMIC RESOURCES LIMITED A broad spaced drill out has been completed between the 1250 and 1500 RL levels in the central and western margins of the Savannah North Resource. The drilling provides the framework for mine development and stoping in the central and western part of the Savannah North Resource.
The program targeted an area of the Savannah North Resource above current underground workings. The area currently hosts a zone of Inferred Resource which is included in the Savannah Mine Plan. A total of 24 drill holes for 6,889 drill metres were completed with 981 samples collected and submitted for assay. Resource definition drilling between the 1250 and 1500 RL levels has now been completed to 25 x 25m spacing.
Commenting on the drill program, Managing Director and CEO,
The results support the opening of a second mining front at Savannah North which will further derisk the underground mining operation. We will progressively be opening up to four mining fronts as operations ramp up following our first shipment of concentrate in
The Savannah North central drill program has shown consistency throughout the stoping blocks of the mine plan and the addition of further stoping outside the mine plan. Drill holes KUD1751, 1752 & 1755 were drilled in the upper central section of the central block and show that mineralisation is open above the current Resource area.
Drill holes KUD1745, 1746 and 1747 to the lower west have delivered strong, thick intercepts and further infill drilling in this area is required. These three drill holes have pleasingly shown a strong increase in mineralisation thickness and the potential for larger stoping to the west is highly increased. Drill hole KUD1764 unexpectedly returned strong mineralisation assay results from an area previously thought to be a barren fault block within the intrusion. The hole returned strong, thick mineralisation through the fault block and also extends the lower mineralisation lens to the west. Follow up grade control drilling will firm up this area and provide stope definition.
Upcoming Drilling
Resource definition drilling will now shift position and drill out the eastern margin of the Savannah North Resource. The eastern block of the Savannah North Resource has a complicated splay morphology where the mineralisation bifurcates from the intrusion. Drilling from the recently established 1381 drill drive to the east allows both the upper and lower mineralisation lenses to be targeted. This dedicated drilling platform in the 1381 east ore drive will combat poor drilling angles encountered from the previous platform in the 1570 drill drive.
Drilling from the 1381 drill drive will be the immediate focus of the upcoming quarter. Upon drill completion of the eastern block of the Savannah North Resource, drilling will return to Savannah. Drilling will at first focus on the Savannah Resource above the 900 Fault (T1) and below the previous mined 1440 level at the bottom of the current underground workings. The drill cuddy for the proposed drilling is already developed and successful Resource definition drilling will open another mining front at Savannah. Development in the area between the 900 fault and the 1440 level will allow for much improved drill angles for the Resource below the 900 Fault. It is then planned to drill the Sub 900 (T2) Savannah resource following mining of the Savannah Resource above the 900 Fault.
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