Ora Gold Limited has completed a diamond drill hole at the Kingswood gold prospect in the Abernethy Shear Zone, which confirmed deeper mineralisation beneath the wide gold intersections in the recent air core drilling program. OGGDD439 intersected a wide zone of sulphidic mineralisation in the primary zone of the tonalite dyke. This new gold prospect could be intrusive-related gold mineralisation with a structural overprint of gold-enriched quartz veining in stockworks and in wall rocks.

Shallow drilling by earlier explorers has intersected gold mineralisation along the seven kilometre Abernethy Shear Zone, though no mining has yet taken place. A reverse circulation program is being planned to expand the mineralisation at depth and along strike. The recent air core program at the Kingswood gold prospect on wholly-owned E51/1790 in the Abbotts Greenstone Belt outlined a large low grade zone of gold mineralisation in the weathered zone above prospective host rocks along a 1.6km strike of the Abernethy Shear Zone.

A tonalite intrusive dyke along the shear zone pinches and swells and the wall rock lithologies in contact with the tonalite intrusive are variable. Diamond hole OGGDD439 has now been completed and has intersected bleached primary tonalite with sulphidic mineralisation and brecciation over 39 metres from 113m down hole. The diamond hole intersected stockwork/porphyry-style of mineralisation in the tonalite dyke and with a suite of elements and sulphide minerals often associated with intrusive-related gold deposits - which can be very large, though moderate grade, gold deposits.

In addition to the potential of the tonalite itself, the contact zones and cross faults are also extremely good targets for substantial high grade gold mineralisation. The core has been cut and submitted for assaying and the results will be released as available. Further work will be done in planning a reverse circulation drill program to assess the strike and depth extent of this new zone.