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Enmore Gold Project - Proposed Drilling Program



Highlights


  • Okapi plans a 11-hole (1,800m) diamond drilling program at its Enmore Gold Project in NSW

  • Primary objective is to follow up drilling at the Sunnyside Prospect, which returned exceptional results in Okapi’s maiden drilling program completed in September 2021

  • Mineralisation at Sunnyside remains open at depth and along strike

  • Okapi will also be focused on drilling the Sherwood Prospect to test beneath old workings and follow up on historically intersected high-grade gold mineralisation

  • Diamond drilling is expected to commence in late March 2022


Okapi Resources Limited (ASX: OKR) (Okapi or the Company) is pleased to announce the following proposed drilling program at its 100% owned Enmore Gold Project in northern New South Wales.

The objective of the drilling program is to follow up on the drilling completed in 2021 at the Sunnyside Prospect (see announcement dated 16 September 2021), which demonstrated potential extensions of the mineralised zone along strike and at depth. The planned diamond drilling will also add significantly to the structural and lithological information on the project and aid interpretation of the controls of mineralisation moving forward for future drill programs.



“While the company remains focused on advancing and developing its key uranium assets in North America, the Enmore Gold Project in NSW remains an important project for the team and we are excited by the upcoming drilling program, which is expected to commence in late March.

The proposed 1,800m diamond drilling program is focused on the Sunnyside prospect, which generated significant gold intercepts in the last drilling program completed by Okapi in 2021. The objectives of the additional drilling are to focus on testing the high-grade mineralisation along strike and down dip at Sunnyside East and also to drill at depth beneath the existing near surface oxide mineralisation at the main Sunnyside prospect.”


Mr Andrew Ferrier

Managing Director