Exultant Mining Unveils 50.9 g/t Gold at Undoo Creek, Boosting Drill Prospects
Exultant Mining has reported exceptional high-grade gold rock chip results up to 50.9 g/t Au at its Undoo Creek prospect, significantly enhancing the project's exploration potential and advancing drill targeting plans.
- Rock chip samples up to 50.9 g/t gold at Undoo Creek
- Mineralised quartz vein system mapped over 360 metres
- Multiple locations yield high-grade gold exceeding 5 g/t
- Structural analysis suggests potential for high-grade plunging shoots
- Ongoing work to prepare drill-ready targets and geophysical surveys
Exceptional Gold Grades Confirmed at Undoo Creek
Exultant Mining Limited (ASX:10X) has announced a breakthrough in its exploration efforts at the Undoo Creek prospect within the Peak View Project in New South Wales. Recent rock chip sampling has returned outstanding gold assay results, including a standout 50.9 grams per tonne (g/t) gold, alongside several other high-grade samples exceeding 5 g/t Au. These findings mark a significant upgrade in the prospectivity of the area, which had previously seen only modest reconnaissance results.
Mapping Reveals Extensive Mineralised Vein System
Systematic geological mapping and sampling have delineated a quartz vein system extending over a 360-metre strike length. The veins are hosted within Devonian Glenbog Granodiorite, with high-grade gold mineralisation consistently identified along this strike. The continuity of mineralisation is supported by multiple rock chip samples taken from different points along the vein, suggesting a coherent and robust mineralised system rather than isolated pockets.
Structural Insights Highlight Exploration Potential
Structural interpretation of the vein network has identified key intersections that may host high-grade plunging shoots; zones where gold concentrations could be even richer at depth. This structural complexity adds a compelling dimension to the exploration model, providing targeted areas for future drilling. The historic workings, including shafts and pits, appear to have selectively mined these high-grade shoots near surface, but modern exploration techniques have yet to fully test their depth extent.
Advancing Toward Drill-Ready Targets
Exultant Mining is actively progressing the Undoo Creek prospect toward drill readiness. The company plans to continue detailed geological and structural mapping, expand rock chip sampling to test for parallel vein systems, and deploy geophysical surveys to assess mineralisation at depth. These steps aim to refine drill targets and unlock the full potential of the mineralised system. The recent assay results provide a strong foundation for this next phase, underpinning confidence in the project's future.
Context Within Peak View Project and Historical Data
The Undoo Creek prospect forms part of the broader Peak View Project, located approximately 100 kilometres south of Canberra. Historical exploration, including drilling campaigns from the 1970s through to 2012, has identified gold and base metal mineralisation but has not fully exploited the high-grade vein systems now emerging. Exultant’s modern, systematic approach is breathing new life into this underexplored area, with the recent rock chip results validating the company’s interpretation of a significant gold-bearing vein network.
Bottom Line?
With high-grade gold confirmed along a substantial vein system, Exultant Mining is poised to unlock new value as it advances Undoo Creek toward drilling and resource definition.
Questions in the middle?
- Will upcoming drilling confirm the continuity and true width of the high-grade gold zones?
- How deep do the high-grade plunging shoots extend beneath the historic workings?
- Could parallel or related vein systems nearby also host significant gold mineralisation?
