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Todd River Resources Ltd.
Summary
| Project: | Mount Hardy | |
|---|---|---|
| Deposit: | EM1 | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Silver | |
| Date: | 8/20/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-8-2018: Todd River Resources Ltd. announces an Exploration/Drilling Update report for its EM1 deposit at the Mount Hardy project. Drilling results incl. 55.75m @ 1.02% Cu, 1.51% Pb, 3.30% Zn, 43.5g/t Ag from 131.55m. Todd River Resources Limited (ASX: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kim Grey (Internal) | |
| ABSTRACT: | Todd River Resources Limited (ASX: TRT; “Todd River” or “the Company”) is pleased to report the remaining analytical results from the first phase of diamond drilling at its 100%-owned Mt Hardy Copper-Zinc Project in the Northern Territory (Figure 1), with assays from two key in-fill holes confirming the continuity of highgrade base metal mineralisation over a down-dip extent of more than 300m. The Company has now received final assay results for diamond holes MHDD0039 and MHDD0040 at the EM1 Prospect (see Figure 1 for location). “Mount Hardy is rapidly taking shape as a significant and exciting new high-grade base metal discovery,” said Todd River CEO Will Dix. “We now have all the assay results to hand from the recently completed Phase 1 drilling, and they clearly define a continuous zone of high-grade mineralisation over a continuous dip extent of over 300m, with exceptionally high grades and tenor of mineralisation persisting to significant depths.” “Importantly, the mineralisation remains open, both up- and down-dip, providing immediate targets for an intensive phase of follow-up drilling which we plan to start as soon as we complete the current round of drilling at our McArthur copper-zinc project. “The immediate priorities will be to test the undrilled zone between hole MHDD0040 and the surface, expand the drilling along strike and of course continue to follow the mineralisation at depth. We are close to completing the re-interpretation of the geophysical data, which has already provided further indications of additional mineralisation below MHDD0021A and to the south, as well as identifying a new high-priority target some 250m to the north of the current EM1 drilling.” | |
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