The Sams Creek porphyry dyke (SCD) is located 140km north-east of Reefton and 100km north-east of Lyell. The SCD is up to 60m thick, can be traced for over 7km along strike, has a vertical extent of at least 1km and is open at depth. Drilling to date has focused on a 1km section of the dyke from the south-east traverse to the Main Zone.
The Sams Creek MRE contains 807,772oz at 2.82g/t Au, representing a 37.4% increase in contained ounces and a 16% increase in grade from the previous estimate at a 1.5g/t Au cut-off. At a higher cut-off of 1.85g/t Au, the MRE contains 7.07 million tonnes grading 3.10g/t Au for 705,729oz of contained gold.
