
Regener8 (ASX: R8R) builds gold opportunity at Kookynie
January 31, 2023Regener8 Resources soil sampling has highlighted numerous contiguous gold anomalies, new trends and strong correlations in Western Australia’s Kookynie goldfields, producing 6.7 kilotonnes of gold at an average of 25.8 grammes per tonne in its historical heyday.
The Company contends workings from the site’s long history appear to have missed primary indicators of gold mineralisation now clear with the rigour of the modern geochemical analysis process.
This follows auger drilling in October along East-North-East and North-North-East trending structures at its Niagara West, Niagara North and Tampa-Reach tenements just north of Leonora in Western Australia.
Price Action
Regener8’s ASX-listed shares are 16.5c in morning trade.
Next Steps
Planning is underway for Phase 1 drill testing in the coming months.
About Regener8 Resources
Regener8 Resources NL (ASX:R8R) was listed on the Australian Securities Exchange Friday, 8 July 2022 and acquired the Kookynie Gold Project from GTI Energy (Ltd ASX:GTR).
Regener8 Resources Kookynie Project is located in the Kookynie district of Western Australia, approximately 150km north of Kalgoorlie and 55km south of Leonora. This historically productive region has produced over 500,000oz*. It has undergone a revival of activity in recent years, with encouraging resource growth and exploration results by neighbours such as Genesis Minerals, Iris Metals, Carnavale Resources and Metallicity.
Fundamental Data
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