Great Quest Gold says the Rock chip assay results indicate the potential for a high-grade polymetallic discovery at its K17 Prospect in Namibia.
The company added that the recent drone surveys, geological mapping, and rock chip sampling have contributed to a more refined interpretation of the structural model and target identification for future drill holes.
Great Quest Gold’s flagship asset is the Damara Gold Project in Namibia, which includes the Khorixas, Omatjete, and Outjo projects, covering over 300,000 hectares.
Khorixas has yielded high-grade grab samples up to 49.9 g/t Au, while Omatjete and Outjo present significant gold and lithium opportunities.
The K17 target encompasses a 50 km2 zone characterised by surface mineralisation of copper, gold, silver, and uranium.
A total of 38 rock chip samples were collected from the K17 Central area, targeting zones of visible mineralisation and alteration identified during geological mapping.
The highest-grade samples returned 4.47% Cu, >10 g/t Au, and 13.4 g/t Ag, with 23 samples exceeding 1% Cu and 11 samples exceeding 0.5 g/t Au.
The peak uranium and molybdenum assays recorded were 153 ppm U3O8 and 371 ppm Mo, respectively.
Mineralisation is hosted in highly bleached and silicified chlorite schists, displaying evidence of intense hydrothermal alteration.
Copper occurs predominantly as malachite, azurite, and chalcocite, with minor amounts of chalcopyrite.
A drone-based magnetic survey covering 869 line-kilometers was recently completed, which mapped zones of magnetite alteration and identified structural features critical to mineralisation.
The survey revealed a major magnetic unit folding around the Klein Dagbreek syncline.
Fieldwork has confirmed this unit as chlorite schists with intense magnetite alteration.
Mapping has shown that mineralisation is concentrated in stratigraphic units directly below the magnetic alteration zone, controlled by second and third order folding along the Klein Dagbreek syncline closure.
With the updated structural model, Great Quest is set to advance exploration at K17.
Plans include a 20-line-kilometer ground IP survey targeting near-surface conductors identified in the magnetotelluric survey and the down-plunge extensions of K17 Central’s mineralised fold hinges.
This will pave the way for an inaugural RC drilling campaign targeting IP anomalies and structurally controlled mineralisation zones.
Great Quest Gold president and chief exploration officer Dr. Andreas Rompel, President and Chief Exploration Officer, expressed excitement about the fantastic results of high-grade copper, gold, uranium and molybdenum.
“An average grade of 2.41 g/t gold equivalent in 38 samples collected through grab sampling over an area 3km in diameter is a notable result,” Rompel said.
