top of page

Solid gold, copper hits keep coming for Antilles


Antilles Gold has recorded impressive results from drilling at its El Pilar project in Cuba. Credit: File

Antilles Gold has returned solid gold and copper results from ongoing drilling at its El Pilar oxide deposit in central Cuba, as the company aims to define a mineral resource for its proposed Nueva Sabana mine.


Its latest assay highlights show a 9m hit going 17.28 grams per tonne gold from 63m, including a 2m intercept at a whopping 74.01g/t gold from 70m. Additional gold results include a 6m intercept grading 4.8g/t from just 24m and 2m reading 8.41g/t from 33m.


In terms of copper results, the company recorded 11m at 0.75 per cent copper from 50m, including 3m going 1.56 per cent from 56m, with a second hole returning a 3m intercept reading 0.96 per cent from 37m.


Antilles also received a wider 56m hit grading 0.79 per cent copper from just 43m, including a higher grade 6m segment at 1.72 per cent from 49m.


The company says the gold zones within in its El Pilar oxide deposit are well defined, while the copper zones are increasing in volume both laterally and vertically with continuing exploration and are expected to project into the underlying porphyry sulphides.


The company will produce an Exploration Target Range for the oxide deposit as soon as possible to provide an indication of the potential size of the Nueva Sabana project, in advance of establishing the MRE. Antilles Gold executive chairman Brian Johnson

The company kicked of its current 7000m drill campaign in April, with an aim to test the oxide deposit to a depth of 100m. A total of 24 holes have been completed for 3701m.


Antilles believes the El Pilar site offers great potential for a major mine because it is located on flat, undeveloped land, adjacent to a 60km rail link to the port of Palo Alto. High-voltage power transmission lines, the Cuban central highway and a town providing a ready labour source are also all nearby.


Earlier this year, additional assaying of high-grade gold hits from an 1800m drill campaign at El Pilar returned a string of stellar shallow gold intercepts peaking at 194g/t gold. The eye-watering 3m hit was in a 13m run that returned an impressive 45.17g/t tonne gold from surface.


In January, Antilles resubmitted samples from its air-core (AC) drilling probe to a certified laboratory in Canada to obtain a more accurate analysis for the high-grade gold samples. The same intercept was previously reported from assaying at the Cuban government’s laboratory in December last year as 20m grading at 2.87g/t gold from surface, including the 3m strike at 13.81g/t gold.


Just last week, Antilles hit mineralisation in the first two diamond drill holes sunk into its El Pilar copper-gold porphyry intrusive in a separate campaign to the ongoing oxide deposit program.


The porphyry intrusive is one of three clusters recently identified from geophysical and induced polarisation (IP) surveys undertaken at the company’s El Pilar, Gaspar and Camilo targets. The targets were refined following 3D modelling and interpretation of its surveys completed across a 700-hectare area at El Pilar.


With Antilles’ latest string of results from its oxide deposit campaign, it could be looking at a significant mineral resource for the El Pilar project once data from the latest program has been logged and analysed.



Is your ASX-listed company doing something interesting? Contact: office@bullsnbears.com.au

3 views

Comments


bottom of page