OceanaGold (TSX:OGC) has announced results from ten drillholes completed as part of the ongoing exploration and resource conversion program at its Wharekirauponga (WKP) project in New Zealand. These holes, drilled after the cut-off date for the December 31, 2023 Mineral Resources estimate, continue to intersect high-grade mineralization in the East Graben (EG) Vein system.
The December 2023 Mineral Resources estimate outlined an Indicated resource of 1.0 million ounces at a grade of 15.9 g/t gold. The recent drilling has targeted both the southern and northern shoots of the EG Vein system, with opportunities remaining for up-plunge, down-plunge, and along-strike extensions of the vein. High-grade intercepts remain open, and step-out drilling in hole WKP100, the most southerly hole on the EG Vein,…
