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High-grade gold for Castlemaine

CASTLEMAINE Goldfields has intercepted high-grade gold values from the first hole of this year’s drilling program at its namesake project in Victoria, with investors taking to the news and shooting the company’s share price up over 25%.

Rebecca Lawson
High-grade gold for Castlemaine

Best results from the diamond drill hole include 0.7m at 28.9 grams per tonne gold from 515m and 0.5m at 25.5gpt gold from 487m. The hole was drilled at the Chewton Anticline prospect within the Castlemaine...

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