{"id":4427,"date":"2024-06-27T11:44:47","date_gmt":"2024-06-27T11:44:47","guid":{"rendered":"https:\/\/digitaltradecenter.com\/index.php\/2024\/06\/27\/strong-intercepts-confirm-significant-production-potential-at-goulds-dam\/"},"modified":"2024-06-27T11:44:47","modified_gmt":"2024-06-27T11:44:47","slug":"strong-intercepts-confirm-significant-production-potential-at-goulds-dam","status":"publish","type":"post","link":"https:\/\/digitaltradecenter.com\/index.php\/2024\/06\/27\/strong-intercepts-confirm-significant-production-potential-at-goulds-dam\/","title":{"rendered":"Strong Intercepts Confirm Significant Production Potential at Gould\u2019s Dam"},"content":{"rendered":"<p><strong>Boss Energy Limited<\/strong> (ASX: BOE; OTCQX: BQSSF) is pleased to announce high-grade drill results on theGould\u2019s Dam satellite deposit.<\/p>\n<p><strong>Highlights<\/strong><\/p>\n<ul class='ee-ul'>\n<li>Gould\u2019s Dam is located ~80km northwest of the Honeymoon Mine and currently contains a JORC-compliant resource of 25Mlbs of indicated and inferred U<sub>3<\/sub>0<sub>8<\/sub><\/li>\n<li>The results highlight the potential for Gould\u2019s Dam to help lift Honeymoon\u2019s production rate from the current nameplate capacity of 2.45M lbs a year to the Export Permit limit of 3.3M lbs a year and\/or extend the mine\u2019s useful life<\/li>\n<li>The latest drilling is targeting three key areas within the inferred resource envelope at Gould\u2019s Dam \u2013 Sunrise, Billeroo and Beulah; The program will assist with wellfield planning and other pre-development work<\/li>\n<li>Infill and step-out drilling at Sunrise and Billeroo targets is almost complete. A total of 96 mud rotary holes have been drilled to date for 12,911m, with uranium mineralisation highlights including (PFN results, ppm pU<sub>3<\/sub>O<sub>8<\/sub>):\n<ul class='ee-ul'>\n<li>4.00m @ 2,925ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 11,700 (WRM0151 from 122.75m)<\/li>\n<li>4.25m @ 2,230ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 9,478(WRM0109 from 120.75m)<\/li>\n<li>3.25m @ 1,406ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 4,570 (WRM0128 from 123.75m)<\/li>\n<li>5.25m @ 800ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 4,200 (WRM0099 from 117.00m)<\/li>\n<li>2.25m @ 1,717ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 3,863 (WRM0159 from 121.75m)<\/li>\n<li>1.25m @ 2,877ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 3,596 (WRM0114 from 124.50m)<\/li>\n<li>1.75m @ 1,990ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 3,483 (WRM0142 from 120.25m)<\/li>\n<li>3.75m @ 773ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,899 (WRM0130 from 123.75m)<\/li>\n<li>1.50m @ 1,855ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,783 (WRM0121 from 120.25m)<\/li>\n<li>4.50m @ 545ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,453 (WRM0140 from 103.25m)<\/li>\n<li>4.75m @ 506ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,404 (WRM0157 from 122.50m)<\/li>\n<li>4.75m @ 484ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,299 (WRM0143 from 123.00m)\n<ul class='ee-ul'>\n<li>plus 1.75m @ 1,294ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,265(WRM0143 from 128.50m)<\/li>\n<\/ul>\n<\/li>\n<li>3.00m @ 756ppm pU<sub>3<\/sub>O<sub>8<\/sub>GT 2,268 (WRM0084 from 118.50m)<\/li>\n<\/ul>\n<\/li>\n<li>Exploration will now focus on the Beulah satellite deposit where 40 holes are planned to better define the mineralisation and geological characteristics of this region<\/li>\n<li>Ongoing detailed geological and mineralisation modelling will support further development work and preparation for an ISR Mining Lease proposal at Gould\u2019s Dam<\/li>\n<\/ul>\n<p>\tThese results support the Company\u2019s strategy to increase the nameplate production rate and mine life at its 100 per cent-owned Honeymoon Uranium Mine in South Australia.<\/p>\n<p>\tIn light of these strong results, work has commenced on accelerating the development of Gould\u2019s Dam, which is an important satellite project to the nearby Honeymoon Mine.<\/p>\n<p>\tThe current delineation program provides important data which will be used in wellfield planning and other advanced pre-development activity.<\/p>\n<p>\tIt will also enable Boss to complete detailed geological and mineralisation models which will support the ongoing development work and preparation for an ISR Mining Lease proposal for Gould\u2019s Dam.<\/p>\n<\/p>\n<p>\tThis will lead into the next phase of mine plan development, including pump testing of the mineralised aquifer within the Gould\u2019s Dam Indicated resource (utilising monitoring wells installed during the 2023 drilling campaign) and core sample test work. This will provide important baseline hydrogeological and metallurgical characteristics of the mineralised aquifers.<\/p>\n<p><strong>Resource Infill Drilling Program<\/strong><\/p>\n<p>\tThree key areas within the current Inferred resource envelope at Gould\u2019s Dam were targeted as part of this infill drilling program \u2013 namely the Sunrise, Billeroo and Beulah targets (Figure 2). Holes were logged with the Boss Energy in-house PFN tools for uranium grade characterisation, and Borehole Magnetic Resonance (BMR) tools for lithological determination.<\/p>\n<\/p>\n<p><strong>Click here for the full ASX Release<\/strong><\/p>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><em>This article includes content from Boss Energy Limited<\/em><em>, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.<\/em><\/div>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) is pleased to announce high-grade drill results on theGould\u2019s Dam satellite deposit. Highlights Gould\u2019s Dam is located ~80km northwest of the Honeymoon Mine and currently contains a JORC-compliant resource of 25Mlbs of indicated and inferred U308 The results highlight the potential for Gould\u2019s Dam to help lift Honeymoon\u2019s <\/p>\n","protected":false},"author":1,"featured_media":4428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-4427","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/4427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/comments?post=4427"}],"version-history":[{"count":0,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/4427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media\/4428"}],"wp:attachment":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media?parent=4427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/categories?post=4427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/tags?post=4427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}