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Greenpower Energy Ltd.

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Summary

Project:

Lincoln Springs

Deposit:Nellie
Location:Australia
Commodities:Copper-Cobalt-Zinc
Date:5/16/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-5-2019: Greenpower Energy Ltd. announces an Exploration/Drilling Update report for its Nellie deposit at the Lincoln Springs project. Drilling results incl. 1.0m @ 6.64% Cu, 0.21% Co, 0.47% Zn, 0.26g/t Au from 24.0m. Greenpower Energy Limited (ASX: GPP
Resources:x
CP/QP:[Overall Report]: Andrew Jones (Internal)
ABSTRACT:Greenpower Energy Limited (ASX: GPP, Greenpower, the Company) is pleased to provide shareholders with an exploration update on the Company's Lincoln Springs Copper-Cobalt Project located 220km north east of Townsville, Queensland (Figure 1). Lincoln Springs Drilling The inaugural Reverse Circulation (RC) drilling program at the Lincoln Springs Project consisting of 22 holes for 2,083 metres was completed in mid-April (Figure 2). The drilling program tested beneath and along strike of the historic copper workings at the Lincoln Springs Prospect, tested copper-cobalt soil anomalies and also tested Induced Polarisation (IP) geophysical targets. The entire length of each drill hole was composite sampled (4m samples) at the time of drilling and all the 4m composite assay results have been received. One metre samples for each drill hole were stored onsite for later use. The 1m RC samples for composite samples considered to be anomalous in either cobalt, copper or zinc were submitted to ALS Laboratories in Townsville for assay with a total of 107 samples submitted. The assay results for the first ten 1m RC samples from drill holes LSRC004 & LSRC013 have now been received with remaining assay results expected in the coming week (Table 1).

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