Augustus Minerals (ASX:AUG) is in the process of planning further fieldwork at its Ti-Tree Project some 200km from Carnarvon, Western Australia after discovering copper rock chips up to 18%.
The results, generated from reconnaissance mapping and 26 rock chip samples, have identified two areas containing mineralised veins and historic workings, dubbed the Tiberius and Claudius prospects.
At Tiberius, which is 3m wide and extends for over 200m along strike, the company has recovered copper grades up to 17.8% and silver grades up to 282 grams per tonne (g/t).
Meanwhile, results from Claudius demonstrate copper grades up to 6.6% and silver grades up to 86g/t. Claudius sits 11km south of Tiberius and comprises several parallel zones over a 100m by 300m area.
General Manager of Exploration Andrew Ford says less than 5% of the 3,600km2 area of the Ti-Tree project has had any previous exploration.
“These results highlight the potential of this underexplored area to host as yet undiscovered mineralisation,” he says.
A program of about 4,000 soil samples is ongoing and began in the western most zones (Moogooree and Howells Gap), and is expected to finish at the 6-Mile prospect.
Augustus Minerals currently holds a 100% interest in 3,600km2 of tenements in the Gascoyne Region of Western Australia, which host an array of drill targets considered prospective for lithium, rare earths, and copper.
Write to Adam Drought at Mining.com.au
Images: Augustus Minerals
