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Rift Valley Resources Ltd.
Summary
| Project: | Cassenha Hill | |
|---|---|---|
| Deposit: | Cassenha Hill | |
| Location: | Angola | |
| Commodities: | Copper | |
| Date: | 1/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-1-2018: Rift Valley Resources Ltd. announces an Exploration/Drilling Update report for its Cassenha Hill deposit at the Cassenha Hill project. Drilling results incl. 9.5m @ 0.53% Cu from 37m. Rift Valley Resources Limited (“the Company”) (ASX: RVY) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dave Hammond (Internal) | |
| ABSTRACT: | Rift Valley Resources Limited (“the Company”) (ASX: RVY) is pleased to provide a progress report on the 2017 drilling program at its Cassenha Hill Copper Project in Angola. Drilling activities ceased at the closure of the exploration camp for the rain season in late December 2017. Nine diamond drill holes for 803.5m were completed in the 2017 program. Drilling targeted extensions to a zone of oxide copper mineralisation on Cassenha Hill (Figures 1 to 3). The mineralised zone is defined by geological mapping, sampling of surface trenches and underground workings, and encouraging intersections from the Company’s previous drilling program. Previously reported diamond drilling results of up to 24m at 1.49% copper from 84m (including 9m at 3.11% copper from 87m from hole CHD006) were returned from the Company’s 2015/2016 drilling program*. Previous channel sampling of underground workings returned up to 84m at 0.81% copper (including 6.4m at 3.6% copper) from Adit 2. Oxide copper mineralisation occurs as azurite (Figure 1) and malachite within a sub vertical structural zone of brecciated quartz veining and magnetite-rich alteration bands approximately 20 metres in horizontal width. Significant upside for additional copper mineralisation remains as drilling has tested just 400m of the high tenor copper and gold in soils anomaly that extends over a total strike length of 1,700 metres (Figure 7) along a zone of quartz-magnetite-barite veining and alteration that can be traced over 4.5 kilometres (Figure 8). | |
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