Far Northern Resources has delineated five new chargeability anomalies in a geophysical survey at its Empire mining lease, 34km west of Chillagoe.

The company is finalising a drilling plan for mid-July 2024.

The key focus of the pole dipole induced polarisation (PDIP) survey was to better define the structural controls at the site, taking into consideration magnetic low anomalies, its two gold-bearing breccia pipes and the historical mine shafts and pits at Empire South, Far Northern said.

This was the first systematic IP survey over the mining lease.

Far Northern said no part of the five anomalies had been drill tested to date.

Established in 2017, Far Northern Resources was admitted to the official list of the ASX in April after raising $4.165 million.

Its Empire project has a current mineral resource estimate of 22,505 oz gold.

The company also holds the Rocks Reef project in the Chillagoe area and the Bridge Creek project in the Northern Territory.

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