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Greenpower Energy Ltd.
Summary
| Project: | Lincoln Springs | |
|---|---|---|
| Deposit: | Lincoln Springs | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Zinc | |
| Date: | 4/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-4-2019: Greenpower Energy Ltd. announces an Exploration/Drilling Update report for its Lincoln Springs deposit at the Lincoln Springs project. Drilling results incl. 4.0m @ 3.3% Cu, 0.16% Co, 0.27% Zn from 24.0m. Greenpower Energy Limited (ASX: GPP, Gr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Jones (Internal) | |
| ABSTRACT: | Greenpower Energy Limited (ASX: GPP, Greenpower, the Company) is pleased to provide shareholders with preliminary exploration drilling results at the Company's Lincoln Springs CopperCobalt Project located 220km north west of Townsville, Queensland (Figure 1). Lincoln Springs Project The Company is pleased to advise that assay results have now been received from the first 5 Reverse Circulation (RC) drill holes at the Lincoln Springs Copper-Cobalt Project (Table 1; Figure 2). Drill hole LSRC001 tested an area of copper-cobalt soil anomalism located north west of the Lincoln Springs Prospect workings whilst holes LSRC002 to LSRC005 were drilled on two north-south section lines adjacent to the historic copper workings (Figures 3 & 4). Drill holes LSRC002 to LSRC005 are all interpreted to have intersected the mineralised shear zone at the Lincoln Springs Prospect as shown on the two interpreted cross sections. Assay results indicate the shear zone is anomalous in copper-cobalt-zinc, ranges in width between 12 metres and 28 metres and contains a best intersection of 4m @ 3.30% Cu, 0.16% Co & 0.27% Zn from 24 metres in hole LSRC004. The high grade copper intersection corresponds to the presence of malachite logged in drill chips at that hole depth. To date only 4m composite samples have been submitted for assay. One metre samples across the anomalous intersections are expected to be submitted to the assay laboratory this week. | |
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