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Project: | Mount Hardy | |
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Deposit: | EM1 | |
Location: | Australia | |
Commodities: | Zinc-Copper-Lead | |
Date: | 6/7/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 7-6-2018: Todd River Resources Ltd. announces an Exploration/Drilling Update report for its EM1 deposit at the Mount Hardy project. pXRF analysis results incl. 24.0m @ 2.0% Cu, 0.9% Pb, 2.4% Zn from 185.5m. Todd River Resources Limited (ASX: TRT; “Todd Ri | |
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 a thick zone of massive sulphides at the EM1 geophysical target. Hole 18MHRCDDH031A, which was completed recently as part of its ongoing 2018 diamond drilling program at Mt Hardy, has intersected a broad interval of massive sulphides comprising chalcopyrite, galena and sphalerite with minor pyrrhotite. Portable XRF scanning of the core indicates significant mineralisation in the intersection, and samples have now been cut and submitted for laboratory analysis. Commenting on this intersection, Todd River CEO Will Dix said: “This is an outstanding result and a great start to our 2018 field season. The Mt Hardy Project has been a priority project since Todd River listed last year, and to achieve such a significant intersection of massive sulphide mineralisation at a relatively early stage of our program is a real win for persistence. A large amount of work has been put in behind the scenes on analysing geophysical data and understanding the geology of the Mt Hardy Project. This hard work has now well and truly paid off – resulting in really well-targeted holes – and the credit for that needs to go to our exploration team. “From here, we will be completing down-hole geophysics and planning additional follow-up drilling while we wait for the analytical confirmation of the base metal grades – at which point we will further update the market.” | |
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