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Todd River Resources Ltd.
Summary
| Project: | Mount Hardy | |
|---|---|---|
| Deposit: | Browns | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead | |
| Date: | 8/10/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-8-2017: Todd River Resources Ltd. announces an Exploration/Drilling Update report for its Browns deposit at the Mount Hardy project. Drilling results incl. 10.5m @ 4.15% Zn, 1.10% Cu, 0.65% Pb from 178.0m. Todd River Resources Limited (ASX: TRT) is ple | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kim Grey (Internal) | |
| ABSTRACT: | Todd River Resources Limited (ASX: TRT) is pleased to advise that all assay results from the maiden drilling program at its 100%-owned Mount Hardy Copper-Zinc Project in the Northern Territory have now been received, with numerous high-grade intercepts confirming the Project’s strong prospectivity for base metals mineralisation. Four high priority targets were drill tested as part of the program – the two strongest EM targets (EM #1 and #2), and the Induced Polarisation (IP) geophysical targets at Browns and Mount Hardy (see Figure 1 below). Previous assay results were reported in the Company’s ASX Announcement dated 23 May 2017. A total of 14 holes were drilled in the program, comprising ten Reverse Circulation (RC) holes and four diamond tails below RC pre-collars. In total 2,849 metres were drilled, including 2,195m of RC and 654m of diamond core. While not at economic grades, the anomalous intercepts (>1,000ppm) returned to date from the Browns Prospect (13 metres in 13MHDDH015, 25 metres in hole 17MHRC016, 9 metres in 17MHRC017 and 6 metres in 17MHRC018) do indicate broad zones of significant base metal bearing hydrothermally altered rocks. Together, these intersections define a shallow south-dipping mineralised structure (Figure 3) that persists for over 100m. It remains open both up-dip to the north and down-dip to the south and east. All intervals are at less than 100 metre from surface and are contained within simple coarse sulphides (chalcopyrite, sphalerite and galena), hosted within siliceous schists of the Paleoproterozoic Lander Rock Formation. | |
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