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Todd River Resources Ltd.
Summary
| Project: | Mount Hardy | |
|---|---|---|
| Deposit: | EM1 | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Silver | |
| Date: | 10/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-10-2018: Todd River Resources Ltd. announces an Exploration/Drilling Update report for its EM1 deposit at the Mount Hardy project. pXRF on core results incl. 33.50m @ 0.95% Cu, 0.88% Pb, 10.3% Zn from 433.75m. Following its release of 17 October, Todd | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kim Grey (Internal) | |
| ABSTRACT: | Following its release of 17 October, Todd River Resources Limited (ASX: TRT; “Todd River” or “the Company”) is pleased to provide a further update on the visual and pXRF outcomes of the first diamond tail, MHDD0043 completed as part of the new drilling program at its 100%-owned Mt Hardy Copper-Zinc Project in the Northern Territory. The hole is shown projected onto cross-section in Figure 1. Diamond drill-hole MHDD0043 has now been completed and detailed logging of the core indicates that it intersected 33.5 metres of massive sulphides comprising largely sphalerite with subordinate galena and chalcopyrite from 433m down-hole in a position some 45m north and 90m below the previously announced intersection of 13.45m @15.9% Zn, 0.9% Cu, 5.75% Pb and 83g/t Ag in hole MHDD0021A. Collar information for the hole is provided in Table 1. Portable XRF scanning of the core indicates the presence of significant base metal mineralisation in the intersection (see below), and samples have now been submitted to Intertek for laboratory analysis with assays expected within three weeks. Drilling is continuing at the EM1 Prospect at Mount Hardy (Figure 2), with a second diamond tail underway targeting a position to the south of MHDD0021A at a similar depth. Further significant updates will be reported as they come to hand. Figure 3 shows holes MHDD0021A and MHDD0043 side by side for comparison and Figure 4 shows the spatial position of the intersection relative to previously announced drill-holes, showing that the mineralisation at the EM1 prospect has now been extended to >350m down-dip. Additional holes are planned to extend the mineralisation along strike. | |
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