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Silver City Minerals Ltd.
Summary
| Project: | Broken Hill | |
|---|---|---|
| Deposit: | Copper Blow | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 9/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-9-2017: Silver City Minerals Ltd. announces an Exploration/Drilling Update report for its Copper Blow deposit at the Broken Hill project. Drilling results incl. 13.32m @ 1.3% Cu, 0.36g/t Au from 131.78m. Silver City Minerals Limited (ASX: SCI) (“Silver | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Torrey (Internal) | |
| ABSTRACT: | Silver City Minerals Limited (ASX: SCI) (“Silver City” or “the Company”) is pleased to announce it has received analytical results for part of its first diamond drill hole at Copper Blow locate 20 kilometres south of Broken Hill. The intersection comprises strong chalcopyrite (copper sulphide) intermixed with iron sulphides (pyrrhotite and pyrite) and intimately associated with strong magnetite and biotite alteration (ASX Release 11 September 2017). This is an excellent result and highlights the potential of the project. Further drilling is underway to determine the extent of this mineralisation. At the time of writing a further five holes are scheduled. Copper Blow lies within an elongate magnetic anomaly and the known mineralisation extends for 1 kilometre along strike. Magnetite is readily discernible in airborne magnetic data and the prospective magnetic linear continues both northeast and west for three and two kilometres respectively (Figure 3). Both northeastern and western extensions are poorly explored as they lie beneath a cover of alluvium and soil. The Company plans to conduct exploration along this trend. Work will include geophysical surveys (ground magnetics, gravity and electromagnetics) and rotary air blast (RAB) drilling to sample bedrock beneath the cover | |
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