Castillo Copper reveals massive Mt Oxide sulfide drilling target
2020-06-11 08:29:43 [Print]
Australia's Castillo Copper (CCZ) has outlined three major drill targets at its Arya prospect in the Mt Oxide pillar after reviewing some historical geophysical survey data.
The drill targets at the Queensland copper-belt project were initially revealed by BHP in the late 1990s, but the mining giant never followed the targets up after the price of base metals slumped at the time.
The primary target, dubbed EG01, is a 1500-by-400-metre massive sulfide conductor roughly 426 meters below surface. The other two main targets, namely EG02 an EG10, are not quite as thick as the primary target but located much closer to the surface.
Castillo Copper is now planning a detailed geological review on one other prospect in the area: the Valparaisa prospect. The company will review the prospect's potential to host copper mineralization.
In the meantime, Castillo Copper is planning to move on to the next phase of exploration work at the Mt Oxide pillar through reverse circulation (RC) drilling. The drilling will kick off once all necessary regulatory approvals have been locked in.
The drill targets at the Queensland copper-belt project were initially revealed by BHP in the late 1990s, but the mining giant never followed the targets up after the price of base metals slumped at the time.
The primary target, dubbed EG01, is a 1500-by-400-metre massive sulfide conductor roughly 426 meters below surface. The other two main targets, namely EG02 an EG10, are not quite as thick as the primary target but located much closer to the surface.
Castillo Copper is now planning a detailed geological review on one other prospect in the area: the Valparaisa prospect. The company will review the prospect's potential to host copper mineralization.
In the meantime, Castillo Copper is planning to move on to the next phase of exploration work at the Mt Oxide pillar through reverse circulation (RC) drilling. The drilling will kick off once all necessary regulatory approvals have been locked in.
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