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Alice Queen (ASX: AQX) has returned bonanza-grade gold assays of up to 68 grams per tonne (g/t) from its Horn Island gold project in Queensland, strengthening confidence in higher-grade mineralisation within the existing resource and highlighting potential extensions beyond its boundaries.
Results from the first 11 holes of the Stage 1 reverse circulation drilling program include 15m at 10.3g/t gold from 30m, including 1m at 68g/t.
Other standout intersections included 83m at 1.2g/t gold from 73m, including 1m at 12.8g/t, and 14m at 5.9g/t from 32m, including 1m at 34.5g/t.
Further drilling returned 13m at 3.5g/t gold from 32m, including 1m at 13.7g/t, and 4m at 8.8g/t from 37m, including 1m at 27.4g/t.
The results indicate localised higher-grade zones within the existing resource area, potentially supporting future refinement of the geological model.
Importantly, step-out drilling has also intersected gold mineralisation beyond the current resource boundary across an approximate 50–550m strike extent.
Results included 3m at 2.7g/t gold from 48m and 4m at 1.4g/t from 54m, with mineralisation remaining open to the northwest.
Alice Queen exploration manager Adrian Hell said the results were improving the company’s understanding of the mineralised system.
“Results to date are improving our understanding of the gold trends within the resource, with indications of localised continuity of higher-grade zones,” Hell said.
“The initial step-out drilling testing the broader exploration target is also very encouraging, with gold intersected in all northwest drillholes reported to date, confirming mineralisation continues beyond the existing resource footprint.”
The company is awaiting assays from the remaining nine drill holes, expected within four to six weeks.
Those results will help determine the significance of the northwest extensions and inform further assessment of the exploration target.
The emerging combination of high-grade intercepts within the resource and mineralisation beyond its boundaries provides Alice Queen with further targets for exploration, although additional drilling will be needed to establish their continuity and potential contribution to future resource estimates.
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