For thousands of other reports visit RSC's Mineral Intellingence Map
Castillo Copper Ltd.
Summary
| Project: | Jackaderry | |
|---|---|---|
| Deposit: | Cangai | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Zinc-Gold-Silver | |
| Date: | 11/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-11-2018: Castillo Copper Ltd. announces an Exploration/Drilling Update report for its Cangai deposit at the Jackaderry project. Drilling results incl. 1m @ 4.57% Cu, 1.41% Zn, 19.1g/t Ag from 36m. Castillo Copper Limited’s (“CCZ” or “the Company”) Boar | |
| Resources: | (Resource, Inf.): 3.2Mt @ 3.35% Cu | |
| CP/QP: | [Overall Report]: Peter Smith (Internal) | |
| ABSTRACT: | Castillo Copper Limited’s (“CCZ” or “the Company”) Board is delighted to present shareholders with an update on the preliminary diamond drilling results, final assays for drillholes CC0026-34R and DHEM survey findings that highlight the potential scalability of the polymetallic mineralised system of Cangai Copper Mine. EXCELLENT DIAMOND DRILL CORE Having identified several sizeable conductors with the earlier DHEM campaign, the diamond drill team targeted a known quantity near Volkhardts’ lode (DHEM Conductor 1 – Figure 5) that hosts massive sulphides from a nearby position to drill-hole CC0023R (refer Table 1). Preliminary field results for drill-hole CC0036D was a 9.6m mineralised envelope (refer Figure 1 & 2), with two highly distinctive intersections that had up to 45% chalcopyrite and 15% sphalerite (refer Figure 3 & Table 1 for details) from a relatively shallow 50m depth. Castillo Copper’s Chairman Peter Meagher commented: “Exploration at the Cangai Copper Mine continues gaining momentum, with high-grade diamond drill core extracted from a shallow depth. Further, the DHEM results have provided greater clarity on incremental sizeable massive sulphide conductors interpreted to be open at depth which may deliver the project scale. The geology team are now optimising new priority targets, so the current drilling campaign can finish up enabling the Board to have a solid understanding of the ore body going into 2019.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report