Intermin said drilling of nine of 21 identified targets pointed to two distinct gold mineralisation styles; strongly developed high grade quartz veins and broader lower grade shear hosted gold mineralisation
Better headline hits included 5m grading 4.12 grams per tonne gold from 46m and narrower 1m intersections elsewhere of 20gpt and 36gpt.
Intermin was particularly encouraged by indications of the potential for the sort of narrow, high grade veins found at the profitable Kundana mine to the south.
A large scale follow-up program is to be undertaken, Intermin said.
Blister Dam is 54km north of Kalgoorlie along the Zuleika Shear, and is held 100% by Intermin.
Shares in the junior were unchanged at 18c following release of the news, capitalising Intermin ...