##{"id":89247,"date":"2020-10-09T14:41:07","date_gmt":"2020-10-09T03:41:07","guid":{"rendered":"https:\/\/www.fnarena.com\/?p=89247"},"modified":"2020-10-09T14:41:07","modified_gmt":"2020-10-09T03:41:07","slug":"rmx-to-commence-gold-drilling-within-10-days","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2020\/10\/09\/rmx-to-commence-gold-drilling-within-10-days\/","title":{"rendered":"RMX To Commence Gold Drilling Within 10 Days"},"content":{"rendered":"<p style=\"text-align:center\"><em>&#8211;The below is a company sponsored announcement&#8211;<\/em><\/p>\n<hr \/>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/AdobeStock_76934008.jpeg\" style=\"height:667px;width:1000px\" \/><\/p>\n<p><strong>Red Mountain Mining ((<a href=\"https:\/\/finfeed.com\/company\/rmx\/\">RMX<\/a>)) is set to commence drilling at its Mt Maitland Gold Project.<\/strong><\/p>\n<p>RMX acquired the project, which lies within the prolific Murchison Goldfields in WA in July this year.<\/p>\n<p>The Mt Maitland Gold Project comprises a 62km2 parcel of tenure and contains two, distinct north-south mineralised shear zones over a strike length of 19km within an Archean greenstone belt.<\/p>\n<p>It is in close proximity to the $1.1 billion Westgold Resources Fortunum Gold Mine and its Bluebird Gold Mine to the south of Mt Maitland and the $773.6M capped Sandfire&rsquo;s Monty Gold Mine and its Degrussa Copper Gold Mine.<\/p>\n<p>Aussie junior Superior Gold Inc. is also prolific in the region.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/RMX_map_width-800.png\" style=\"height:569px;width:692px\" \/><\/p>\n<p>The Mt Maitland Project came with multiple drill-ready targets and historic production which averaged 19g\/t Au.<\/p>\n<p>Outstanding results from historic exploration at Mt Maitland include:<\/p>\n<ul>\n<li>gold-in-soils: peak 2,724 ppb, anomalies over 13 kilometres of strike<\/li>\n<li>rock chips: up to 62g\/t Au, 8.8% Cu and 290g\/t Ag channel sampling: 2.50m @ 22.7 g\/t Au and 0.75m @ 61.8 g\/t Au<\/li>\n<li>Drill results include 13m @ 2.53 g\/t from 9m, 2m @ 1.53 g\/t from 13m<\/li>\n<\/ul>\n<p>RMX recently completed a heritage survey and pre-drilling earthworks and secured the drill rig to begin drilling within the next seven to 10 days.<\/p>\n<p>The programme is planned for 18 holes for approximately 1,300 metres.<\/p>\n<p>During the heritage survey, additional geological mapping was conducted which has assisted RMX to vector this maiden drill programme.<\/p>\n<p>Conclusions include that gold mineralisation is concentrated in discrete domains within the project area, more specifically, either within or proximal to narrow vein-breccia stock-work, or occur in clusters of small to medium size mineralised bodies along shears or favourable lithological units.<\/p>\n<p>Another mineralisation style appears to be related to steeply dipping dilatational structures, where a high-angle shear at the mafic\/ultramafic contact intersects a steeply dipping more competent rock type (BIF) and refracts to a steep angle.<\/p>\n<p>Continued strike-slip displacement causes this refracted surface to develop as an extensional structure. Rock chip sampling was undertaken across certain prospects within the tenure, with samples submitted for laboratory analysis.<\/p>\n<p>The potential high-grade nature of the mineralisation at the Mt Maitland can be seen below in this significant gold nugget shown below:<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/gold_nugget_width-692.png\" style=\"height:484px;width:692px\" \/><\/p>\n<p>Nugget found by company employee while prospecting on Mt Maitland tenure.<\/p>\n<p><em>By Jonathan Jackson<\/em><\/p>\n<hr \/>\n<p><em>Earlier today the corporate announcement above was publicly released. FNArena is acting as a partner in&nbsp;distribution to broaden the reach. No journalists have been involved in the re-publication of this announcement.<\/em><\/p>\n<p><strong>Technical limitations<\/strong><\/p>\n<p><strong><em>If you are reading this story through a third party distribution channel and you cannot see charts, maps and images included<\/em>, <em>we apologise, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p><em>Find out why FNArena subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n<p><em>FNArena&nbsp;is proud about its track record and past achievements: <a href=\"https:\/\/www.fnarena.com\/index.php\/2018\/10\/03\/rudis-view-ten-years-on-the-world-is-still-turning\/\">Ten Years On<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPONSORED: Red Mountain Mining is set to commence drilling at its Mt Maitland Gold Project<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/89247"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=89247"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/89247\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=89247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=89247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=89247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}