Riversgold Limited (ASX: RGL) shared that it has received the first batch of assay results from its latest air-core drilling program at the Northern Zone Intrusive Hosted Gold Project, strategically located just 25 km east-southeast of the renowned Kalgoorlie Super Pit in Western Australia. Building on the success of its previous drilling programs undertaken in May, July, and September 2024, it has engaged Australian Air core Drilling to conduct this fourth program, which includes an additional 26 holes drilled in early November 2024.
In this recent campaign, it completed 1,545 meters of AC drilling, raising its total for the year to an impressive 8,971 meters of AC drilling alongside 1,363 meters of reverse circulation drilling. The AC holes were meticulously drilled until refusal, and its dedicated team of Riversgold geologists logged the cuttings in detail. Remarkably, the logging and ongoing assays strongly indicate a substantial gold mineralization event within this promising project area, further enhancing the potential for significant discoveries.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.