Zuleika zeroes in on Paradigm gold corridor | Ralph-Lauren

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Zuleika Gold has kicked off a 30,000-metre drilling program across its namesake project in the fertile Eastern Goldfields in Western Australia. The company’s extensive exploration program is targeted at key prospect areas and aims to not only delineate new resource positions but also to build upon its existing inventory across the gold-rich terrane.

First cab off the rank for Zuleika, formerly known as Dampier Gold, is a program of systematic aircore drilling over the Paradigm East gold corridor which forms part of the company’s Zuleika Gold project – a joint-venture with Torian Resources.

The company’s exploration program is following up on previous drill results across the target structure, which extends over more than 2.5 kilometres of strike, with better results including 27m at 2.87 grams per tonne gold from 33m and 7m at 9.8 g/t gold from 42m down-hole.

We are delighted to have commenced our 2021 drilling program as planned, delivering on our commitment to shareholders.

Whilst the program was delayed for a few days due to exceptionally heavy rains after starting on schedule, the drillers and supporting geological field crews returned quickly to site late last week when safe to do so and have since drilled 25 holes.

We await with eager anticipation for the lithological interpretation of all drilling and to the receipt of gold assay results from intersections along the Paradigm East Corridor, which has been shown to contain high grade intersections from historical drilling and drilling by Zuleika Gold in 2020.

The company’s Zuleika project sits 30km northwest of the iconic gold mining town of Kalgoorlie in WA. The extensive project area covers more than 220 square kilometres of this prime exploration terrane, which it shares with some of the titans of WA’s gold mining industry including Northern Star and Evolution Mining.

The gold-bearing Zuleika Shear hosts an immense endowment of gold, which is estimated at more 20 million ounces, highlighting the locality as one of the richest gold terranes in Australia.

Zuleika Gold’s tenure stretches along more than 20km of the Zuleika Shear and covers a similar length of strike along the often-overlooked Carnage Shear, just 5km to the north. The Carnage Shear runs parallel to the Zuleika Shear, with the company’s technical group building in confidence in its belief the structure has the potential to host a similar endowment of gold to its cousin in the south.

Zuleika Gold’s tenure also includes the north-western strike extensions of the 7 million-ounce Kundana gold mining centre which lies a mere 3km south of the company’s tenement boundary.

The company’s recent evaluation of its namesake project has identified more than 40 targets now waiting to feel the drill bit, with Paradigm East prospect first-off the blocks. The prospect is located just 1.5km east along the gold-bearing structure that hosts Northern Star’s high-grade Paradigm deposits which boast over 187,000 ounces of gold at a healthy 6.7 g/t gold, in open pit and underground resources.

Zuleika’s current program at Paradigm East commenced last week on the western end of the target structure, with the drill crew having already notched up 25 drill holes and 1,426m of aircore drilling.

With the company planning an extensive exploration campaign west of Kalgoorlie and drilling already returning intercepts containing quartz veining and alteration, both good indicators for gold mineralisation, Zuleika looks to be off to a flying start in WA with no shortage of news flow in the weeks ahead.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

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