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Ardea scores golden hat-trick north of Kalgoorlie

Ardea Resource is on a roll at its Kalgoorlie project area, scoring an exploration hat-trick after clocking up its third high-grade gold discovery on the Bardoc Tectonic Zone north of Kalgoorlie. Drilling over the Lady Charlotte prospect has delivered a very respectable intercept from the maiden hole of the exploration program, weighing in at an impressive 8 metres at 6.57 g/t gold from only 24 metres depth.

The high-grade result comes from one of only two reconnaissance drill holes over the Lady Charlotte target, with the company now expediting exploration over the prospect and a more comprehensive drill program scheduled to commence in September 2020.

Lady Charlotte forms part of Ardea’s new ‘Grafters’ target area 65km north of Kalgoorlie in Western Australia’s fertile Eastern Goldfields region. The Grafters target lies adjacent to Ardea’s Canegrass nickel deposits in the west with Bardoc Gold’s 1.68 million-ounce Aphrodite gold deposit sitting immediately to the east.

Grafters covers close to 4km of the gold-bearing Bardoc Tectonic Zone and is over 1,500 metres wide. Despite being largely blanketed by transported cover, the target boasts several sets of historic mine workings with Ardea’s regional sampling program outlining 6 separate geochemical targets within the Grafters target zone, including Lady Charlotte.

The Lady Charlotte target extends over several hundred metres of strike and is highlighted by old artisanal mine workings associated with a zone of intense sulphide and carbonate alteration – recent surface sampling of the target area returned rock chips of up to 6.96 g/t gold.

Ardea’s gold targeting at the Goongarrie Nickel Cobalt Project continues to demonstrate the under-explored status of the Bardoc Tectonic Zone within Ardea’s tenements, despite the area being only 70km north of the City of Kalgoorlie-Boulder. This early result from Lady Charlotte is highly encouraging because it continues to show the prospectivity of the area for near-surface, oxide gold in a wide variety of settings. Our assertion that a significant gold camp lies largely buried by transported cover beneath the GNCP is further developing with each drilling program we complete.

Ardea is bringing its expertise to bear in its exploration of the Kalgoorlie region, with its technical team going back to its roots and revelling in the challenge of gold exploration.

The geological and structural analysis of the Grafters area has identified that the target is underlain by a folded and faulted sequence of ancient volcanic rocks belonging to the Kalgoorlie Group. This environment is recognised as hosting a number of gold ‘camps’ in the region including the Paddington, New Celebration and Kalgoorlie deposits which have produced tens of millions of ounces of gold in their more than 100 year history.

With Ardea building up a proprietary knowledge base across the Bardoc Tectonic Zone, gold hovering just below US$2,000 an ounce and a trio of discoveries already in the bag, the company’s step out into gold exploration continues to pay dividends.

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

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