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Cobre Ltd.
Summary
| Project: | Perrinvale | |
|---|---|---|
| Deposit: | Perrinvale | |
| Location: | Australia | |
| Commodities: | Gold-Copper-Zinc-Cobalt-Silver | |
| Date: | 4/16/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-4-2020: Cobre Ltd. announces an Exploration/Drilling Update report for its Perrinvale deposit at the Perrinvale project. Drilling results incl. 6m @ 8.39% Cu, 3.52% Zn, 0.14% Co, 30g/t Ag, 3.1g/t Au from 48.65m. Diamond drilling at the Perrinvale Proje | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Todd Axford (GEKO-Co Pty Ltd.) | |
| ABSTRACT: | Diamond drilling at the Perrinvale Project confirms high-grade VHMS mineralisation Cobre Limited (ASX: CBE, Cobre or Company) is pleased to announce the assay results from the recent diamond drilling program at the Schwabe, Zinco Lago and Monti prospects within the Perrinvale Volcanic-Hosted Massive Sulphide (VHMS) Project located in Western Australia (refer Figure 5). Schwabe Prospect As part of the program, four diamond core drill holes were completed at the Schwabe Prospect as shown in Figure 3, including a tail on a Reverse Circulation (RC) hole drilled during the Company’s initial exploration program in 2019. These drill holes are named 20PVDD003, 20PVDD004, 20PVDD005 and 20PVDD006 (tail). Detailed logging of the Schwabe core samples confirmed a VHMS system exists close to surface in this location. A full profile of primary massive sulphide mineralisation from the footwall sediments up to the top of the pile (48.65m down hole) where a botryoidal fabric, likely to represent either colloform growth from sulphide precipitation in seafloor muds or fragments of collapsed hydrothermal chimneys, is present in hole 20PVDD003 | |
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