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Constellation Resources Ltd.

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Summary

Project:

Orpheus

Deposit:Orpheus
Location:Australia
Commodities:Copper-Nickel-Cobalt
Date:7/14/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:14-7-2020: Constellation Resources Ltd. announces an Exploration/Drilling Update report for its Orpheus deposit at the Orpheus project. Drilling results incl. 21m @ 0.21% Ni, 0.08% Cu, 0.03% Co from 93m. Constellation Resources Limited (“the Company” or “
Resources:x
CP/QP:[Overall Report] Peter Muccilli (Unearthed Geological Consulting)
ABSTRACT:Constellation Resources Limited (“the Company” or “Constellation”) is pleased to report results from its maiden air-core drilling program in the Fraser Range on tenement E28/2403 (70% Constellation, 30% Enterprise Metals Limited (ASX: ENT)). Several encouraging anomalous nickel, copper, cobalt (“Ni-Cu-Co”) drill intercepts were returned from the program. The anomalous intercepts have been interpreted to be located in geochemical footprints (also called dispersion zones) located in oxidised material (saprolite) that may be sitting above Ni-Cu-Co sulphides. Assay results returned from the drilling have highlighted five discrete Ni-Cu-Co geochemical footprints within geophysical Targets 1, 2 and 4 across a cumulative area of over 1.4km2 (Figure 1). Key results include: In response, the Company has initiated further programs to systematically progress all targets. These priority programs include a low-cost passive seismic program and the planning of a surface Moving Loop Electromagnetic (MLTEM) survey. The results of the survey will help refine the next phases of planned drilling

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