Auryx Gold Corp. has announced assay results from 34 diamond drill ("DD") and 7 reverse circulation ("RC") holes in the central and eastern region of the current modeled pit at the Otjikoto gold project in Namibia. These holes combine with previously drilled holes to define the Central shoot and East 1 Shoot.
Relative locations of the shoots and the drill holes shown below.
All holes drilled on the Central shoot are located "in-pit". Exploration holes (OT) have been drilled into waste blocks or exploration targets with the purpose of discovering new zones of mineralization or extending known zones, whereas infill drilling (TC holes) is done to convert the 43-101 resource estimate from inferred to indicated in certain regions. Highlights from the results include 4 m of 6.21 g/t Au, 17 m of 1.45 g/t Au, 23m of 1.57 g/t Au, 23m of 1.29 g/t Au and 33 m of 0.80 g/t Au.
Auryx's CEO, Mr. Searcy comments: "Drill results from the Central Shoot have been successful in extending the shoot downplunge to the south and could positively impact on the ultimate pit design. Drilling to the east in the East 1 Shoot and further along line 7200 demonstrate that the mineralization at Otjikoto is much more extensive than previously demonstrated. Ongoing work continues to improve the geologic model which should positively impact resource growth and the economic potential of Otjikoto."
Drilling is ongoing at Otjikoto with 5 DD rigs and 1 RC rig on site. Since taking over the project and as of 20 October, 2011, Auryx has drilled 192 DD holes for 46,700 m and 90 RC holes for 8,640 m at Otjikoto. As of today, results from 89 DD and 71 RC holes have been released.