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Broken Hill Prospecting Ltd.
Summary
| Project: | Thackaringa | |
|---|---|---|
| Deposit: | Broken Hill | |
| Location: | Australia | |
| Commodities: | Cobalt-Sulphur-Iron | |
| Date: | 10/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 4-10-2018: Broken Hill Prospecting Ltd. announces an Exploration/Drilling Update report for its Broken Hill deposit at the Thackaringa project. Old drillholes new assay results incl. 4.7m @ 690ppm Co, 0.18% Cu from 121.3m. As announced on 20 August 2018, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Anthony Johnston (Internal) | |
| ABSTRACT: | As announced on 20 August 2018, Broken Hill Prospecting Limited (ASX: BPL) has taken out three new exploration licences covering 209 km2 of prospective terrain in the Broken Hill district, adding to pre-existing tenement holdings in the Thackaringa area (Figure 1). The new tenements cover under-explored Broken Hill and Thackaringa group rocks, with numerous base and precious metals, and industrial mineral prospects. They significantly increase the Company’s holdings in this world class mineral province. Work on EL8773 (Main Line) has commenced with an examination of historical drill core and assay results that confirm the nature of mineralisation at the Burtt & Catterson’s prospect. BPL Managing Director & CEO, Trangie Johnston, said: "The copper-cobalt results from re-sampling of historical core at the Burtt and Catterson Prospect highlights the mineral potential of this world class region. BPL's expanded portfolio around Broken Hill has identified numerous targets within the Thackaringa Group of rocks emerging as a new style of mineralisation and exploration focus." A section showing two of the holes, 57BC-1 and 57BC-2, is presented in Figure 2. All historical assay intervals are shown, but only re-assayed intercepts are labelled. The lode zone is open at depth and along strike where alluvial cover to the south-west has hampered historical exploration. | |
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