Exploring the Depths of Potential: Alice Queen Limited Embarks on Exciting Drilling Project
Embarking on a journey of discovery, Alice Queen Limited (ASX:AQX) proudly announces the commencement of drilling at its Viani Project in the stunning lands of Vanua Levu, Fiji. This venture marks the beginning of an exciting chapter for the company as they delve into the rich geological mysteries waiting to be unearthed.
Key Highlights of the Project:
- The Phase 1 drilling program is underway at the Viani Project, Fiji, aiming to explore extensions to the quartz vein gold mineralization deep within the earth.
- Expected to conclude in early 2025, Phase 1 paves the way for additional drilling under the same program, contingent on the initial findings.
- Covering an expansive area of approximately 200km2, the Viani Project remains largely unexplored, holding the promise of hidden treasures waiting to be discovered.
- The Dakuniba prospect within the project boasts a significant 3km strike length of low sulphidation epithermal high-grade gold mineralization, signaling the potential of substantial findings.
- Previous diamond drilling efforts by the Japan International Cooperation Agency (JICA) in the mid-90s resulted in the intersection of high-grade gold in low sulphidation epithermal quartz veins, showcasing the project’s promising prospects.
Delving Deeper into the Geological Wonders:
The geology of the Viani Project (SPL 1513) presents a fascinating tapestry of olivine basalts and volcaniclastics interwoven with andesite sills and dykes. The allure of gold mineralization dates back to the 1940s when local prospectors stumbled upon treasure near the village of Dakuniba. This discovery unveiled a world of low sulphidation style epithermal gold nestled within quartz veins and silicified rocks along a 3km long NE trending zone.
Envisioning the Proposed Drill Program:
The upcoming Phase 1 drill program at Viani is poised to unlock the mysteries buried deep within the earth. With three meticulously planned diamond drillholes, the team aims to trace the continuity of the epithermal gold mineralization previously uncovered in JICA drillhole MJVFV-5 (2.2m @ 11.3 g/t Au). The drilling’s primary objective is to discover extensions to the gold mineralization at both depth and along strike, promising new insights into the project’s potential riches.
As Alice Queen sets sail on this exhilarating expedition, the world holds its breath in anticipation of the treasures awaiting discovery beneath the surface of Viani. The spirit of exploration beckons, urging all stakeholders to join hands in embracing the thrill of uncovering nature’s hidden secrets.
