GXDD0013A 7.15m @ 43.7 g/t Au (including 1m @ 300 g/t Au)
Diamond hole GXDD013A was part of a three diamond hole program drilled beneath the Saturn pit. The drilling program was co‐funded through the West Australian State Government’s Royalties for Regions Program and was designed to test for deep high grade gold mineralisation associated with Banded Iron Formation (BIF), adjacent to the historic Hill 50 Gold Mine.

The drill hole is significant because it demonstrates the continuation of high grade banded iron mineralisation at significant depths below the base of the Saturn Pit. The Saturn Pit previously produced 210,000 ounces to a depth of 148m below surface. This new high grade intersection sits outside the previously reported (July 2010) Mt Magnet JORC compliant Measured, Indicated and Inferred Resource containing 3.3 M oz of gold. The intersection occurs at a vertical depth of 390m below surface and 232m below the base of
the pit. The intersection remains open down dip.

From the image it isn’t hard to imagine that there is a whole lot more to come!
RMS summary by www.australian-shares.com