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Martello Update
Richmond Hill Resources plc has provided an exploration update for its Martello Gold Project, highlighting the identification of seven priority exploration targets, with Sakoose being the highest ranked, historically producing gold at approximately 15 g/t Au. The Tabor drill programme confirmed mineralisation with stacked quartz vein systems, including visible gold in drill hole TB-26-002, and returned multiple gold-bearing intervals. A property-wide drone magnetic survey and 3D magnetic inversion modelling have improved the understanding of geological relationships across the project, with an exploration permit application for Sakoose and other targets submitted to the Ontario Ministry of Energy and Mines. Disclaimer*
About this update from Richmond Hill Resources Plc
Richmond Hill Resources PLC (“Richmond Hill” or the “Company”) Martello Update Richmond Hill Resources plc (AIM: RHR) is pleased to provide an exploration update from its wholly owned Martello Gold Project in Ontario, Canada, including results from the recent Tabor drill programme, completion of a district-wide historical data compilation and interpretation of a property-wide drone magnetic survey and 3D magnetic inversion model. HIGHLIGHTS Independent target ranking identified seven priority exploration targets across the Martello Project, with Sakoose emerging as the highest-ranked exploration area. The interpretation suggests that the Sakoose area may contain multiple subparallel structures rather than a single mineralised vein and was further resolved into five subordinate prospecting targets surrounding the historic mine workings. Exploration permit application covering Sakoose and other priority targets submitted to Ontario Ministry of Energy and Mines. Five of seven drill holes completed at Tabor were designed as step-out holes testing extensions to the historically defined high-grade shoot. Only TB-26-001 and TB-26-002 directly targeted the previously recognised high-grade core of the Tabor system. Both core-zone holes intersected the target area and returned multiple gold-bearing intervals associated with stacked quartz vein systems. Visible gold was observed in drill core from TB-26-002. Property-wide drone magnetic survey and 3D magnetic inversion modelling completed across the Martello Project. Integration of drilling, historical exploration data and district-scale geophysics has resulted in an improved understanding of the geological relationships between the principal gold occurrences across the Martello Project. Sakoose historically produced gold at grades of approximately 15 g/t Au from a limited portion of a structure interpreted to extend for more than 1.4 kilometres. Multiple gold-bearing veins and structures have been documented across the Sakoose area and the system remains open along strike and down plunge. TABOR DRILL PROGRAMME The Company's maiden drill programme at Tabor was designed to validate historical exploration results, test extensions to known mineralisation and provide geological information for integration into the Company's district-wide geological model. Five of the seven drill holes completed during the ...
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