What's happened?
Buxton Resources Limited (ASX:BUX) have announced a large new gold-in-soils anomaly defined at its 100% owned Goldmember Project.
What are the key highlights?
- First pass soils program by BUX has defined a large robust new gold anomaly over 5 km2 within a ~11km trend of regionally anomalous gold results within the Eastern Goldfields, WA.
- New anomaly has never seen any previous drilling.
- BUX completed soil sampling on a 1km grid basis over the entirety of E15/1919 and E28/2922. This work identified several areas which were subsequently followed-up by infill sampling at 500m and 125m spacing. This work has resulted in the definition of a distinct soil gold anomaly named Jeffery which is about 4km x 2km elongated to the north-northwest (Figure below).
For more information, please see the announcement linked below.