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Atlas Iron Ltd.
Summary
| Project: | Copper Range | |
|---|---|---|
| Deposit: | Copper Knob | |
| Location: | Australia | |
| Commodities: | Copper | |
| Date: | 1/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-1-2018: Atlas Iron Ltd. announces an Exploration/Drilling Update report for its Copper Knob deposit at the Copper Range project. Drilling results incl. 41m @ 0.28% Cu from 126m. Atlas Iron Limited (ASX: AGO) is pleased to provide an update on recent Pi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Leigh Slomp (Internal) | |
| ABSTRACT: | Atlas Iron Limited (ASX: AGO) is pleased to provide an update on recent Pilbara exploration activities. In line with its diversification strategy, Atlas continues to progress its 100% owned Pancho Lithium and Copper Range Projects. In addition, a first pass drilling program over an undercover geophysical target near Miralga Creek has intersected disseminated and semimassive sulphides that may indicate the presence of VHMS-style copper mineralisation In October 2017, Atlas completed a six hole RC drilling program at Copper Range (50km east of Newman), with four drill holes drilled at Copper Knob to test the down-dip continuity and western strike extent of the previously identified copper mineralisation, and two holes drilled at Copper Knob East to confirm historical work and test continuity along strike to the east. A total of six holes for 1,363m drilled were completed with every hole encountering anomalous copper mineralisation. Significant intersections include: These results extend the historically identified Cu enrichment to both the west and east, and confirm continuity between near surface mineralisation and previously drilled deeper zones at Copper Knob. In addition, the strike extent remains open in both directions and mineralisation is not closed down dip. With up to 9km of historically anomalous copper and gold results along the length of the Copper Range Project, Atlas believes there to be excellent potential for a large scale, low grade copper deposit to be defined, with opportunity to discover smaller higher grade massive sulphide lenses | |
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