Karora Resources has announced that initial scout drilling at Lake Cowan in the Higginsville Greater area has delivered “exciting new drill targets “in previously under-explored terrain east of the Higginsville mining operations.
Paul Huet, Chairman and CEO of Karora said Lake Cowan represents a high priority exploration area for Karora in 2021 as part of its large A$20 million drilling and exploration budget.
“Initial scout drilling results from our Lake Cowan prospect, which is part of the Higginsville Greater exploration area, have been particularly promising,” Mr Huet continued.
“All of the results are located at relatively shallow depths, including some particularly strong, and potentially open pittable, gold intercepts such as 1.35g/t over 50 metres which includes a very robust intercept of 3.64g/t over 16 metres in hole HIGA8864.
“These are excellent results for first pass aircore drilling and confirm the strong exploration potential of the Lake Cowan area.”
Owned and operated by Karora Resources since June 10, 2019, the Higginsville gold operations are located approximately 75km south of the Beta Hunt Mine in Higginsville, Western Australia.
The operation includes a 1.4Mtpa processing plant, 192 mining tenements including the, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits.
