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Aeon Metals Ltd.
Summary
| Project: | Walford Creek | |
|---|---|---|
| Deposit: | Vardy | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Lead-Zinc-Silver | |
| Date: | 9/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-9-2017: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Vardy deposit at the Walford Creek project. Drilling results incl. 26.00m @ 0.39% Cu, 0.13% Co, 5.24% Pb, 2.9% Zn, 61.97g/t Ag from 163m. Aeon Metals Limited (“Aeon” or “th | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dan Johnson (Internal) | |
| ABSTRACT: | Aeon Metals Limited (“Aeon” or “the Company”) is pleased to provide results from holes WFRC257, WFPD258, WFPD261 and WFPD262 drilled during July at its 100% owned Walford Creek Project in North West Queensland. The drill hole locations for the holes completed to date are shown in Figure 1. These complete the assays for the first three months of 2017 drilling at Walford Creek. Drilling will resume during September. Holes WFPD258 and WFPD262, which are on the same section within the Vardy Zone, both intersected the top of the Py3 and are not considered to have adequately tested the lower contact of the Py3 where higher copper grades are expected. Both holes exhibit typically higher lead and zinc ratios compared to copper mineralisation. This flanking mineralisation is associated with the “halo” effect around the higher grade copper core. Hole WFPD261, which was drilled a further 1.5km west of holes WFPD258 and WFPD262, also intersected the Py3 higher than intended with the hole having lifted. This hole also exhibits typically higher lead and zinc mineralisation. The upfront hole to WFPD261 (on same section 1.5km west of WFPD258), hole WFRC257, intersected the Py1 with an intersect returning 22m @ 0.57% Cu and 0.12% Co from 26m. All the holes again show consistently high cobalt grades in all mineralised zones. | |
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