(MENAFN- ProactiveInvestors)
’ () rockchip sampling program over the banded iron formation at the Gascoyne Project in Western Australia has returned elevated copper lead zinc and manganese assays.
Manganese is an important pathfinder at the Broken Hill silver lead zinc mine in New South Wales where they form haloes around the orebody.
The results have indicated further work is warranted on the BIF.
Future work planned should include diamond drilling to understand the stratigraphy and mineralisation at depth.
The company will also fly an aeromagnetic/radiometric survey on a 100 metre line spacing to aid in the geological understanding of the regional stratigraphy.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia UK North America and Hong Kong / China.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.