Stakewell Drilling Update

Download PDF: Stakewell Drilling Update

Silver Swan Group Limited (“Silver Swan” or “the Company”) is pleased to report further results from its recent drilling activity at its Stakewell Gold Project, where the Company has been targeting stacked high-grade gold lodes at the historic Kohinoor open pit and underground mine, and also targeting several shallow oxide gold targets located to the east of the Kohinoor mine.

The Stakewell Gold Project is located 50km south of Meekatharra along the Great Northern Highway.
Gold mineralisation at the Kohinoor mine is controlled by the intersection of banded iron formation
(BIF) with high-angle cross-cutting faults and a wide zone of shearing in basaltic rocks. This has resulted in the formation of steeply plunging high-grade gold shoots.
To date, Silver Swan's drilling programme at the Stakewell Gold Project has drilled a total of 29 holes, comprising 5 diamond holes (836m) and 24 reverse circulation holes (RC: 1,859m) for a total of 2,695m.

For more information please download the PDF.

 

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