Carnaby Resources (ASX:CNB) has received ‘encouraging’ results from exploration work at the Greater Duchess Copper Gold Project in Mt Isa, Queensland.
At the Mount Hope prospect, first pass reverse circulation (RC) drilling has intersected a 75m downhole intersection of quartz copper sulphide vein in MHRC025. The company reports that a major drilling program continues.
Meanwhile, ‘highly encouraging’, undrilled strong IP chargeability anomaly over greater than 1.2km strike has been generated north of Lady Fanny, and strong IP chargeability anomaly was generated at the new Lady Don prospect located 700m northeast and along strike from Nil Desperandum.
“Mount Hope is rapidly becoming a very significant addition to the growing pipeline of exceptional targets being generated and drilled”
Commenting on the results, Carnaby Managing Director Rob Watkins stated: “Mount Hope is rapidly becoming a very significant addition to the growing pipeline of exceptional targets being generated and drilled at the Greater Duchess Project, which now also includes the exceptional new IP anomalies announced today at Lady Fanny North and Lady Don prospects.”
Reverse Circulation (RC) drilling at Mount Hope North targeting IP chargeability anomalies below the historical open pit has continued to intersect highly encouraging quartz copper sulphide mineralisation over considerable widths, with results pending from all ten holes drilled at Mount Hope North.
Carnaby reports that high topographic relief and limited access to optimal drill platforms adjacent to the shallow historical open pits is causing delays to access possibly the best parts of the Mount Hope North mineralisation, where the north and northeast striking arms of the open pit intersect.
Ongoing earthworks to establish these drill platforms are in progress.
RC drill hole MHRC025 has intersected a highly encouraging quartz copper sulphide vein over a 75m downhole intersection with results pending. MHRC025 was collared about 60m northeast of the very strong L10240 IP chargeability inversion anomaly.
Drilling to the north will test whether the considerable quartz copper sulphide mineralisation intersected in MHRC025 is in fact the down plunge extension of the central part of the Mount Hope North open pit, which is yet to be drilled.
Images: Carnaby Resources Ltd
