HARARE —Canadian-listed Pambili Natural Resources Corporation says it is conducting a planned six-hole drilling programme at GVM with the objective of identifying a gold resource it can rapidly bring into production.
The company re-started gold production at GVM earlier this year, processing sands from the project’s third-party toll-milling facilities as well as processing material from the drives developed to facilitate the underground drilling programme.
To date, Pambili has completed two holes—EADD004 and EADD006—each to a depth of 100 metres, targeting a NW-trending shear previously interpreted from airborne geophysics. Pambili is investigating the potential that this shear represents a parallel structure to the historically mined orebody at GVM.
Pambili’s first down-dip hole—EADD001—has reached a depth of some 25m and is expected to be completed over the coming days. This hole is testing the down-dip continuity of the historic GVM orebody.
The lithology of the core retrieved from the holes drilled to date along with planned remaining holes can be seen in the schematic above. The red wireframes are interpretations of quartz veins that appear in both EADD004 and EADD006.
Pambili has also selected some 15.2m of core from its drilling to date for assaying at an ISO/IEC 17025-accredited commercial metallurgical assay laboratory in Zimbabwe.
Jon Harris, Chief Executive Officer of Pambili Natural Resources, commented: “It is encouraging to see that our first two holes encountered known gold pathfinder minerals like pyrite and quartz. The down-dip hole is not yet complete, but even within the first 25m we have encountered mineralized zones including pyrite along with several quartz stringers. We look forward to seeing how much more mineralization we encounter as the hole reaches its planned depth.
“We also look forward to receiving assay results from our core over the coming weeks. These results will provide Pambili with a better understanding of GVM’s commercial gold potential beyond the extent of the historic underground mining area.
“Improving our understanding on the structural controls of gold mineralization at GVM will help to improve the targeting of our remaining underground holes as well as planning the surface holes required to target a code-compliant mineral resource at the Project.”
