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Aeon Metals Ltd.
Summary
| Project: | Walford Creek | |
|---|---|---|
| Deposit: | Walford Creek | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Lead-Zinc-Silver | |
| Date: | 12/4/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-12-2017: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Walford Creek deposit at the Walford Creek project. Drilling results incl. 45m @ 2.21% Cu, 0.32% Co, 43g/t Ag from 185m. Aeon Metals Ltd (“Aeon” or “the Company”) owner of | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dan Johnson (Internal) | |
| ABSTRACT: | Aeon Metals Ltd (“Aeon” or “the Company”) owner of one of Australia’s biggest undeveloped base metals projects in north-west Queensland, the Walford Creek project, is pleased to announce assay results for its final two holes (holes eight and nine) from its second phase 2017 drill campaign. These two holes targeted the high grade PY3 unit west of Vardy. Hole eight (WFDD270), located in the Marley Zone is ~900m west from the edge of the Vardy Resource and confirms the outstanding potential for high grade copper and cobalt in the PY3 along the extensive Fish River Fault. Hole nine (WFDD271) was aimed at an apparent dip in the stratigraphy where no previous hole had intersected the PY3. It intersected faulting and defines an offset in the stratigraphy at depth. Both holes intersected significant mineralisation and continue to confirm both the high grade PY3 as well as adding geological rigour to the 3D geological model. Results returned from these two holes include the following significant mineralisation: Aeon’s Managing Director, Hamish Collins, said: “These are fantastic results from hole eight (WFDD270) with the highest copper and cobalt grades yet seen in the PY3 unit, although we have had higher such grades in the PY1. This confirms our belief that Walford Creek is a large mineral system with great potential for significant additional resources beyond those currently defined.” | |
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