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Just the Facts: Riversgold mobilises RC drill rig for Kalgoorlie East Gold Project

Episode Summary

Riversgold Ltd (ASX:RGL) has confirmed the mobilisation of an RC drill rig to its Northern Zone Project in the Kalgoorlie East Gold Project in WA. The drilling will target the Northern Zone, a 600-metre-wide porphyry gold system. The RC rig, sourced from Top Drill, is scheduled to arrive on-site this Friday to commence a 1,280-metre drilling program. Most drill holes are planned to reach depths of 100 to 120 metres. The program aims to test areas beneath previous drill holes that ended in mineralisation and high-grade shallow intercepts. Additionally, gamma logging will be conducted to obtain bulk density measurements for a mineral resource estimate. Riversgold has also planned a separate 2,000-metre aircore drilling program later in March to investigate shallower mineralisation. The company has now scheduled two drill rigs for the 2025 drill season at the Kalgoorlie East Gold Project, adding the RC rig to the program announced on February 13. This additional RC rig will drill into the transition zone below the weathered oxide zone. Riversgold has also submitted a Mining Lease application to the Department of Energy, Mines, Industry Regulation and Safety to convert the Northern Zone into a Mining Lease. #Riversgold, #Mining, #GoldExploration, #Kalgoorlie, #Drilling, #RCDrilling, #AircoreDrilling, #GoldMining, #MineralExploration, #ResourceEstimation, #MiningNews,