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Aeon Metals Ltd.
Summary
| Project: | Walford Creek | |
|---|---|---|
| Deposit: | Walford Creek | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Lead-Zinc-Silver | |
| Date: | 7/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-7-2017: Aeon Metals Ltd. announces an Exploration/Drilling Update report for its Walford Creek deposit at the Walford Creek project. Drilling results incl. 6m @ 2.76% Cu, 0.32%Co, 0.06% Pb, 0.55% Zn, 23.62g/t Ag from 91m. Aeon Metals Limited (“Aeon” or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dan Johnson (Internal) | |
| ABSTRACT: | Aeon Metals Limited (“Aeon” or “the Company”) is pleased to announce further diamond drill assay results for 3 more holes, WFDD 233, WFDD234 and WFDD235 at Walford Creek. These holes were drilled as in fill holes pending development of a drilling plan to the east to locate the Fish River Fault (FRF) under cover. These holes, particularly WFDD234, have encountered localised zones of poor core recovery due to the washing away of loosely consolidated sulphidic material hosted in heavily leached dolomitic rocks that form part of the mineralised Dolomite Unit. The strategy for locating the FRF under cover is to initially drill shallow RC locator holes to be followed by more expensive diamond holes. After some initial equipment delays, RC drilling has commenced and is testing the zone trending east of Vardy over a distance of up to 800m. The holes will help determine the depth to the prospective Mount Les Siltstone, which includes the Pyrite 1 and Pyrite 3 units. These units, together with dolomitised units including the Green siltstone, constitute a highly favourable host when adjacent to the FRF. The FRF is the main conduit for hydrothermal mineralising fluids in this very large Walford Creek system. | |
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