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Aeon Metals Ltd.
Summary
| Project: | Walford Creek | |
|---|---|---|
| Deposit: | Marley | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Lead-Zinc-Silver | |
| Date: | 9/16/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-9-2019: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Marley deposit at the Walford Creek project. Drilling results incl. 31m @ 1.13% Cu, 0.17% Co, 1.18% Pb, 0.30% Zn, 34g/t Ag from 170m. Aeon Metals Limited (Aeon) is pleased | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dan Johnson (Internal) | |
| ABSTRACT: | Aeon Metals Limited (Aeon) is pleased to advise of further significant base metals mineralisation returned in assays of recent drill holes completed within the central to eastern Marley area. The high-grade copper and cobalt mineralised intervals were returned in zones adjacent to the Fish River Fault (FRF) in the PY3. Shallow, lower grade mineralisation also continues to be defined in the PY1 within areas subject to only limited previous drilling. While of lower tenor, the shallow depth of this material delivers strong potential for it to be economic and capable of inclusion within the Walford Creek mining schedule. Assays and sections detailed in this ASX release encompass 11 drill holes: WFDH423, WFDH424, WFDH443, WFDH444, WFDH446, WFDH447, WFDH448, WFDH450, WFDH451, WFDH452 and WFDH453. These holes were completed for Resource infill and metallurgical testwork purposes. Hamish Collins, Managing Director of Aeon, commented: “These results again evidence the strong continuity of the defined mineral zones within the Marley Resource area. The recent drilling has also delineated significant zones of continuous, higher grade mineralisation in areas that are either currently estimated as low grade or classified as Inferred. We therefore expect upgrades to both the scale and classification of the mineral resource estimates in these areas.” | |
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