{"id":15576,"date":"2025-03-04T02:53:24","date_gmt":"2025-03-04T02:53:24","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/04\/high-resolution-ground-magnetics-commences-at-100-owned-kiabye-gold-project-western-australia\/"},"modified":"2025-03-04T02:53:24","modified_gmt":"2025-03-04T02:53:24","slug":"high-resolution-ground-magnetics-commences-at-100-owned-kiabye-gold-project-western-australia","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/04\/high-resolution-ground-magnetics-commences-at-100-owned-kiabye-gold-project-western-australia\/","title":{"rendered":"High Resolution Ground Magnetics Commences at 100% \u2013 Owned Kiabye Gold Project, Western Australia"},"content":{"rendered":"<\/p>\n

Red Mountain Mining Limited<\/strong> (\u201cRMX\u201d or the \u201cCompany\u201d) is pleased to advise that today it will commence conducting a high-resolution ground magnetics and targeted pXRF assay program at the Company\u2019s 100%-owned Kiabye Gold Project in Western Australia. The Company will aim to define potential gold bearing structures for conventional wet geochemical sampling. <\/p>\n

HIGHLIGHTS <\/strong><\/p>\n

Survey has launched today in the northern Kiabye area \u2013 an area which has previously reported anomalous gold-in-soil
\nKiabye Gold Project covers 23km2 of strike and remains underexplored \u2013 providing considerable upside potential for RMX
\nThe survey will target structures amenable to gold bearing fluids with target areas to be followed up with detailed pXRF assaying
\nThe program will take approximately 12 days, covering to 10km2 \u2013 results of the magnetic survey are anticipated in mid to late March
\nDefined anomalous areas will be targeted for wet chemistry sampling with lab results expected in late March. <\/p>\n

<\/div>\n

The program is focused on the most northern section of the Kiabye licence (E59\/2893), which is one of the four exploration licenses that make up the project area. This straddles the Kiabye Greenstone Belt in the Yilgarn\u2018s Murchison Domain, southeast of Mount Magnet. The survey will total 10km2 and will be split into three areas of focus, based on priority (see Figure 1).<\/p>\n

The program is expected to take 12 days, with coverage to depend on the rate of surveying, across both magnetics and pXRF assay follow-up. This will assist the Company in defining the three target areas, based on sample results (see Figure 2). A summary of each area is as follows: <\/p>\n

Area 1 covers a number of anomalous gold in soil samples, hosts two NNE (North- North-East) striking faults and is located in an area of unverified alluvial and insitu gold.
\nArea 2 contains numerous gold in soil samples with several samples of >20ppb to 47ppb Au. The block is also cut by two faults striking NNE and NS. The area also contains RMX rock sample KPR020 which assayed at 96ppbAu and 2.6ppm Ag.
\nArea 3 contains two areas with samples of >20ppb Au. The west is cut by a major NNW to NS faults marking the boundary between the Kiabye Greenstone Belt and Granites to the west. The second fault strikes NNE and is believed to extend north into Area 2. <\/p>\n

<\/div>\n

Significance of Gold-in soils<\/em><\/strong><\/p>\n

In consideration of the highly diluting soil profile in the area, any soil sample with \u226520ppB Au is considered anomalous therefore Area 2 and 3 contain several areas with anomalous gold-in-soils.<\/p>\n

Ground Magnetic Survey<\/em><\/strong><\/p>\n

The Red Mountain Mining team and contractors will conduct the geophysical survey initially at 100m east \u2013 west line spacing and 20m reading intervals. The data will be processed and interpreted in the field and where structures of interest are identifying these areas will be infilled to 50m line spacing. The main targets for gold mineralisation include shear zones and faults interpreted in the data. The surveys will collect data from 110 to 213-line kilometers depending on the number of infill lines conducted. <\/p>\n

Project background:<\/strong><\/p>\n

The Kiabye gold project is located in WA and covers a strike length of 23km\u00b2 of the greenstone belt (Figure 3) with less than half covered by exploration samples from historical explorers and only around 7% having been covered by prior holders.<\/p>\n<\/p>\n

Click here for the full ASX Release<\/strong><\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Red Mountain Mining Limited (\u201cRMX\u201d or the \u201cCompany\u201d) is pleased to advise that today it will commence conducting a high-resolution ground magnetics and targeted pXRF assay program at the Company\u2019s 100%-owned Kiabye Gold Project in Western Australia. The Company will aim to define potential gold bearing structures for conventional wet geochemical sampling. HIGHLIGHTS Survey has […]<\/p>\n","protected":false},"author":0,"featured_media":15577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=15576"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/15577"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=15576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=15576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=15576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}