(MENAFN - ProactiveInvestors)
() will on Friday start the second round of its Phase 2 reverse circulation drilling program at its Speewah Dome Project in Western Australia’s Eastern Kimberley region.
The company had already completed 57 drillholes under the first round at the Chapman Greys-Catto Eiffler North Calamondah Todhunter North Todhunter and Todhunter South prospects.
This intersected visible copper in a number of holes.
About 30 holes totalling 1250 metres are planned for the second round of drilling.
These will focus on the Chapman-Catto-Greys Todhunter North-Pentecost and King River Fault Zones.
Sampling at Speewah Dome had identified a new style of mineralisation at the intersection of the Pentecost and Todhunter fault systems that will be targeted in the second round of drilling.
Surface samples returned high copper and silver associated with significant iron as well as low levels of lead and antimony. Notably this metal combination has not been recorded elsewhere on the project.
At the Greys-Chapman Area a new outcropping gold mineralized vein was identified 1.5 kilometres north of Greys and 2.5 kilometres south of Chapman.
Samples collected from the Calamondah Area show there is a 800 metre strike length of potential mineralised structures.
Assays from the earlier Phase 2 drilling are still pending.
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.