Bora Bora Resources identifies drill targets

Bora Bora Resources has identified a number of drill targets for its St Arnaud gold project in Victoria.

The targets for the upcoming Victorian summer field drilling program were identified after compilation and interpretation of historical data in 3D.

The interpretations have relied on the Wedge Faults theory, which explain the orientation and shape of a number of the historic workings.

Interpretations of the 3D database of historical results with the wedging fault theory reveal a number of clear areas that warrant further exploration.

Since historic mining at St Arnaud between 1855 and 1916 rarely went below the water table, enormous potential for recovering gold remains.

The last serious drilling in St Arnaud in 2007-2008 intersected bonanza grades beneath the New Bendigo Mine though no follow up was done.

But the largest mine in St Arnaud, the Lord Nelson Mine, which closed in 1916, had production figures of 322,000 ounces of gold at grades of 15 grams per tonne.

BBR will now prepare documents and work program for a summer drilling targeting a number of wedging fault target zones below or adjacent to St Arnaud.