Alice Queen drills up to 32.2 g/t gold at Horn Island Project
The company considers the results encouraging as it progresses towards an updated Mineral Resource Estimate (MRE) and scoping study to determine the economic viability for a mining operation. All 24 RC holes have returned gold grade assay intercept zones greater than 0.5 g/t gold.
Alice Queen Ltd (ASX:AQX) has released the final gold assays from its recently completed phase one reverse circulation (RC) infill drilling program at its Horn Island Project in the Torres Strait, Queensland.
A total of 38 RC drill holes for 7611 metres were drilled immediately southwest of the historical and abandoned Horn Island gold mine open pit area as part of the phase one RC drilling program.
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