High-Grade Gold Intercepted at Balagundi
Filed with ASX · · 13 pages · English
Summary by 6ix AI
Accelerate Resources Ltd. has announced high-grade gold intercepts from its maiden reverse circulation drilling program at the Spencers gold discovery, part of the Balagundi Gold Project, located near Kalgoorlie in Western Australia. The drilling confirmed a broad gold mineralisation system, with all nine holes intersecting gold, including a notable intercept of significant grade. The results indicate potential for further exploration and development, with plans for additional drilling to extend the mineralised zone. This announcement highlights the promising nature of the Balagundi Gold Project and the company's strategy to advance its exploration efforts.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Accelerate Resources Ltd. on 6ix
Story so far
Earlier from Accelerate Resources
- Multiple Manganese Outcrops Mapped with Grades to 58.4% Mn
- Gravity Confirms Structural Controls on High-Grade Manganese
- Strong Shallow Gold Hits from Fluffy Aircore Drilling
- Follow up Drilling Commences at Spencers Gold Discovery
- AX8 Raises $2M to Advance Gold and Manganese Projects
Later from Accelerate Resources
- AX8 Consolidates 100% of Woodie Woodie North Mn Project
- Visual Manganese Intersected Across 72 metres at Area 42
- Rock Chips to 59.6% Mn Along Underexplored 12km Trend
- Trading Halt
- Drilling at Gingarrigan and A$1.1M Placement
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