SQX Resources has reported impressive assay results from its maiden drilling at the Red Bird Gold Project in Arizona, revealing significant, shallow gold mineralisation with promising continuity. These findings bolster the project's potential for open-pit resource development.
- Maiden RC drilling confirms broad, near-surface gold mineralisation
- Notable intercepts include 42.7m at 1.4g/t Au and 45.7m at 1.3g/t Au
- Vertical continuity of mineralisation proven to at least 60m depth
- Results validate historical mining data and highlight unmined zones
- Further assays and geophysical surveys planned to expand targets
Strong Start to Maiden Drilling
SQX Resources Limited has delivered encouraging early results from its maiden reverse circulation (RC) drilling campaign at the Red Bird Gold Project in Arizona, USA. The initial assays confirm a substantial and shallow gold system, with mineralisation extending from surface down to at least 60 metres. This broad, near-surface gold presence is a promising indicator for the potential development of bulk-tonnage, open-pit resources.
Key Intercepts Highlight Continuity and Grade
Among the standout results are intercepts such as 42.7 metres at 1.4 grams per tonne (g/t) gold starting just 4.6 metres below surface, including a higher-grade 9.1-metre section at 3.9 g/t. Another hole returned 45.7 metres at 1.3 g/t gold, with a 13.7-metre segment at 2.2 g/t. These wide intercepts demonstrate not only the presence of gold but also its continuity over significant widths, a critical factor for economic viability.
Validating Historical Data and Uncovering New Potential
The drilling results align well with historical mining records and recent channel sampling, which showed ultra-high-grade zones were mined selectively, leaving substantial mineralisation untouched. SQX’s findings suggest that the majority of the gold mineralisation remains unexploited, opening avenues for resource expansion. Notably, mineralisation remains open along strike and at depth, with further exploration planned to delineate these extensions.
Next Steps: Expanding the Exploration Horizon
With assays pending from the remaining 17 drill holes, SQX is preparing to conduct induced polarisation (IP) geophysical surveys. These surveys aim to identify deeper and lateral extensions of the gold system, guiding future drilling efforts. Additionally, detailed underground geological mapping and sampling will focus on deeper levels not yet accessed, potentially revealing further mineralised zones.
Strategic Positioning in Tier-One Jurisdictions
Red Bird is part of SQX’s broader North American portfolio, which includes the Williams Gold–Silver Project in Montana. The company’s disciplined exploration approach and modern techniques are designed to unlock value in historically productive mining districts. The Arizona project’s proximity to existing infrastructure and its geological setting within a prolific mining district add to its appeal.
Bottom Line?
SQX’s maiden drilling at Red Bird sets a solid foundation, but the full picture awaits further assays and geophysical insights.
Questions in the middle?
- How will the remaining 17 drill hole assays influence the overall resource estimate?
- What new targets might the upcoming IP survey reveal at depth or along strike?
- How will SQX balance exploration in Arizona with its other North American and Australian projects?