WKP looking very good for OceanaGold

OCEANAGOLD is making noises about the WKP prospect at the Waihi project in New Zealand as potentially representing a major discovery.

WKP looking very good for OceanaGold WKP looking very good for OceanaGold WKP looking very good for OceanaGold WKP looking very good for OceanaGold WKP looking very good for OceanaGold

Exploration success improving the picture in New Zealand.

Hits reported late yesterday included 8.7m grading 24.54 grams per tonne gold (true width), 7.6m at 10.84gpt (120m away), and 7m at 11.15gpt.

"These drill results, albeit early in the discovery process, are on par with underground targets being reported from drilling at our Martha project; a world class multi-million ounce high grade gold deposit," OceanaGold said.

"Drilling has now delineated approximately 750 metres of strike length open in both directions and over 200 metres vertical extent that is open for 100 - 200 metres up-dip."

A further 7800m of follow-up diamond core drilling is planned over the balance of 2018.

OceanaGold is currently in the permitting process at Waihi for a 10-year mine life extension, with the plus-100,000 ounce per annum ...

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