Yamarna (MZM 100%)
Subsequent infill sampling by Montezuma confirmed the soil anomalies and justified follow up aircore drilling in mid 2015. Several phases of follow up aircore geochemcial drilling (blade refusal) identified a 1.5km long basement hosted high tenor gold anomaly at the Jatz Prospect as well as a number of additional anomalies which still require follow up work the the Ryvita, Le Snak and Ritz Prospects.
The widespread and high grade tenor of the results prompted the immediate commencement of follow up RC percussion test the potential for economic gold mineralisation. This is currently underway with results pending.
Figure 1: Regional aircore drilling locations showing key prospect areas at Jatz, Ryvita, Ritz and Le Snak
Figure 2: High tenor, 1.5km long basement gold anomaly at the Jatz Prospect.