An extended sampling program has resumed at Emu’s (ASX:EMU) Fiery Creek prospect within the Georgetown Project in Queensland with a detailed 1:500 scale geologic mapping activity scheduled.
Additional reconnaissance exploration work is being undertaken within the geophysical aeromagnetic low areas to the west and south of Fiery Creek within the Yataga Igneous Complex.
Emu has extended a geochemistry program to further investigate potential it has identified for a copper porphyry discovery. High-grade copper veins have developed adjacent to a copper porphyry system at Fiery Creek with assays of up to 23.5% Cu being so far returned.
An XRF sampling program over the outcropping vein areas of Fiery Creek to build a “heat map” of pathfinder elements has now been scheduled. Emu says the heat map will generate possible vectors for early drilling.
The geochemistry work will precede a ground-based grid-controlled, 20.6km line of pole dipole IP, resistivity, MT Geophysics survey designed to test the potential porphyry copper system at depth.
Emu expects results of this survey to lead to the immediate scheduling of a drilling programme. The geochemistry sampling programs will take place during May 2024 with the geophysics survey scheduled in August 2024.
Drill planning will follow results from the surveys however due to wet season access first drilling is likely to be scheduled in March 2025.
In addition to Emu’s identified significant scale copper porphyry prospect at Fiery Creek, the company will also follow up a number of other scale potential prospects, including the epithermal bonanza style gold structures located (a few kilometres to the west of Fiery Creek) at the Camp Oven Creek prospect.
This system is interpreted to be related to the porphyry intrusions situated within the same structural settings as Fiery Creek.
Other prospects to be evaluated further include Dagworth, Georgetown, Ancient Britton, Mistletoe, Munitions Creek, and Snake Creek.
Emu will update the market following the return of assay results from the laboratories with 2,000 to 2,500 samples scheduled for fire assay followed by 61 suite multi element assessment.
Emu Non-Executive Chairman Peter Thomas says the company is increasingly confident the Fiery Creek prospect has the makings of a massive multi-million-tonne copper porphyry system.
Emu intends to strengthen its understanding of this discovery in 2024 by applying modern exploration techniques not previously used in the area. This includes the next key step for the Company which is to undertake a definitive geophysical survey of the Fiery Creek Prospect area in August this year.”
Write to Adam Orlando at Mining.com.au
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