Ausgold Limited (ASX: AUC) – $0.034

05 Mar 2015

Ausgold Limited (ASX: AUC) has scheduled to commence drilling in late March 2015 at the Katanning Gold Project located in Western Australia (Figure 1).


AUC Katanning Au

Figure 1. Location of Katanning Gold Project on geological setting



The drill program will comprise of approximately 6,000 metres of reverse circulation drilling at the Jinkas and Dingo deposits located within the Katanning Gold Project. Approximately 4,000 metres of infill drilling will focus on a traverse through higher grade mineralisation to the northeast of the historic Jinkas North open cut mine and approximately 2,000 metres of drilling will focus on the Dingo open pit.


The Katanning Gold Project is located 275km southeast of Perth. The company holds an area of over 2,440km2 that lies within a region of relatively underexplored greenstone belt.



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