Regener8 (ASX: R8R) gets the Kookynie picture
Regener8 Resources has obtained the first clear picture of its Niagara and Reach tenements in a highly active and underexplored region of the northern goldfields following an airborne geological survey across the Kookynie Gold Project south of Leonora.
The new geophysical datasets will provide an opportunity to review and revise the interpreted district geology and provide a framework to further the understanding of mineralisation in the region.
The Company said the data would be complemented by a planned auger soil geochemical program coupled with geological and regolith mapping.
“For the first time, a holistic and detailed airborne geophysical dataset of the Company’s regional tenement package has been created. This dataset provides further motivation to develop a technical understanding of the regolith, basement geology, and historical exploration results through our upcoming auger program. We are keen to move forward with this systematic, value add exploration strategy over the coming months.”
The auger program will be focused on the high-priority Niagara West tenements with the potential inclusion of the Niagara North and Reach prospecte and is expected to commence within the coming months.
R8R ASX shares are trading at 16c.