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DevEx Resources Ltd.

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Summary

Project:

Bogong

Deposit:Bogong
Location:Australia
Commodities:Copper-Gold-Silver
Date:11/27/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-11-2019: DevEx Resources Ltd. announces an Exploration/Drilling Update report for its Bogong deposit at the Bogong project. Drilling results incl. 12.6m @ 1.2% Cu, 0.06g/t Au, 8g/t Ag from 16.8m. DevEx Resources (ASX: DEV or “the Company”) is pleased t
Resources:x
CP/QP:[Overall Report]: Brendan Bradley (Internal)
ABSTRACT:DevEx Resources (ASX: DEV or “the Company”) is pleased to advise that it has made an encouraging start to its maiden drilling program at the Bogong Copper-Gold Project in NSW, with the first diamond drill hole intersecting a shallow zone of copper sulphide mineralisation (chalcopyrite and bornite) hosted within a brecciated felsic porphyry. Assay results from the first half of hole 19BGDD001 have been received, returning an interval of 12.6m @ 1.24% copper through the mineralised breccia interval from 16.8m to 29.4m down-hole, including a higher grade zone of 3.9m @ 2.0% copper from 25.5m down-hole (see Table 1). Hole 1 (19BGDD001 on Line 6081600mN or “Section 600mN”) was designed to test the area close to historical copper workings, while Hole 2 (19BGDD002) was designed to cross the broader copper target at depth. Within the mineralised interval in Hole 1 both chalcopyrite and bornite are readily observed within diamond core intersecting several styles within the felsic porphyry (diorite).

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