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Todd River Resources Ltd.
Summary
| Project: | Mount Hardy | |
|---|---|---|
| Deposit: | EM1 | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead | |
| Date: | 6/22/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-6-2018: Todd River Resources Ltd. announces an Exploration/Drilling Update report for its EM1 deposit at the Mount Hardy project. pXRF core analysis results incl. 4m @ 0.7% Cu, 1.1% Pb, 4.7% Zn from 135.0m. Todd River Resources Limited (ASX: TRT; “Todd | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kim Grey (Internal) | |
| ABSTRACT: | Todd River Resources Limited (ASX: TRT; “Todd River” or “the Company”) is pleased to advise that ongoing diamond drilling at its 100%-owned Mt Hardy Copper-Zinc Project in the Northern Territory (Figure 1) has intersected additional massive sulphides at the EM1 geophysical target. Recently completed diamond hole 18MHDDH037, which was drilled 50m south of the discovery hole 18MHRCDDH031A (see ASX announcement 20 June), has intersected a 4m interval of brecciated sulphides approximately 50m up-dip of the intercept in hole 031A (Figure 2). The new sulphide intersection comprises chalcopyrite, galena and sphalerite with minor pyrrhotite and silica. Portable XRF scanning of the core indicates the presence of significant base metal mineralisation in the core, and samples will be submitted for laboratory analysis. Commenting on this additional drilling, Todd River CEO Will Dix said: “This is another very encouraging development which has extended the sulphide zone approximately 50m up-dip to the south of the original hole. This shows that our exploration model for Mt Hardy is robust and confirms that the mineralisation remains open in a number of directions. We will continue to step-out from the intersection in the discovery hole 31A, both along strike and down-dip, and see where the drilling and geophysics takes us. “We will model each drill hole as we go to build up our knowledge of the geometry of the sulphide zone, which will assist with the planning process for ongoing drilling. We are also planning to add to our exploration team next week to allow us to keep drilling at Mt Hardy while also progressing our other projects.” | |
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