Dan Whittaker, President and CEO commented, “We are very encouraged with these initial drill results and the potential they represent for the Central Project.
Lithologies intersected in drill hole C1L14-4-3 include dark grey marbles with subordinate lenses of coarser light grey marbles, psammites and pelites, all from the Karibib Formation of the Swakop Group.
The C2 target extends over a strike length of 16 kilometres and covers the prospective Karibib / Kuiseb contact on the northern limb of the syncline that hosts Osino Resources’ Twin Hills deposit.
Nine RC drill holes totaling 1,913 metres of the planned 3,200 metres Phase 1 program were completed in December 2020 along selected IP survey lines in the vicinity of the Sandamap Shear, identified as target W1 on the Western Project.
In all holes drilled, a 50 to 60 metres oxidized zone was encountered from surface in which lithologies were weathered to varying degrees and sulphides replaced by iron oxide.
Gold results are highly variable and anomalous samples plot as singleton or clusters on or close to the mapped shears or zones of ferruginization / quartz veining, or associated with IP chargeability anomalies.
Numerous arsenic-in-soil anomalies are evident within the Kuiseb Schists that host an increase in mapped NNE structures and could represent a favourable setting for mineralization.
Logging and sampling of the RC chips were completed at the drill site in the field and sampled in 1 metre intervals which were transported to the company’s secure facility located in the town of Karibib, central to the Erongo Gold Project.
. Antler is currently focusing its efforts on advancing its Erongo Gold Project, which is located approximately 130 kilometres north-west of Namibia’s capital city Windhoek.
This information is based on current expectations and assumptions that are subject to significant risks and uncertainties that are difficult to predict, including risks relating to the ability to satisfy the conditions to completion of exploration programmes and work in Namibia.