EXPLORATION & DEVELOPMENT

Super Hans lands for Metal Bank

EXPLORER Metal Bank is consistently intersecting significant gold mineralisation across multiple prospects at its Triumph project in Queensland, and has added a new zone of near surface gold at its Super Hans prospect, the company said this morning.

Haydn Black
Super Hans lands for Metal Bank

The addition to the company’s near surface gold inventory covers some 130m in length and is 10m wide, and remains open along strike.

The company is now drilling the deposit out to confirm a maiden JORC resource.

Super Hans’ initial intercepts from 21 RC holes include 2m at 7.5 grams per tonne from 1m, 4m at 2.2gpt from 11mm, and 6m at 2.6gpt from 17m.

“Results such as these continue to add to the future positive economics of the Triumph project,” Metal Bank managing director Tony Schreck said.

“Our gold inventory is growing rapidly with near-surface, high-grade gold results continuing to be achieved at the five key prospects.” 

Drilling continues across Triumph and we remain confident that a gold resource will be defined in support of an open pit mining operation at Triumph.”

Super Hans was discovered from a single scout hole last August that intersected 3m at 6.5gpt within the 1km-ling Big Hans-Super Hans gold system that has seen limited past work.

The system is said to the western extent of the high-grade Bald Hill gold system, but they are separated by the Norton fault. 

The Triumph gold camp is described as an intrusion related gold system of the type encountered at as Kidston, Mt Leyshon and Ravenswood, and Metal Bank is working to look under about 10m of cover within its area to put together a new gold story in south-eastern Queensland’s section of the New England Fold Belt.

It discovered Bald Hill in 2016 and followed with Big Hans last year.

While gold is a focus the 15sq.km area has potential for zinc, molybdenum, silver, copper and other metals.

Metal Bank shares were up 5.5% to 1.9c.

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