Mandrake Resources (ASX:MAN) has signed a drilling contract with Geodrill Australia for its Berinka Pine Creek Gold-Copper Project in the Northern Territory.
Geodrill will conduct a 3,200m reverse circulation drilling program targeting gold and copper mineralisation within the Pine Creek Orogen.
Drilling is scheduled to begin in August, following the anticipated approval of an environmental mining licence application submitted in early May.
The campaign will focus on gold and copper mineralisation at the existing Terry’s group of prospects alongside several previously untested geochemical and geophysical anomalies.
According to Mandrake, the Pine Creek goldfield has seen a “significant” increase in exploration and development activities, noting that three new carbon-in-leach plants have been permitted for construction in the last 18 months.
Previous exploration at the Berinka by Mandrake and historical drilling have confirmed structural gold-copper mineralisation.
Key intersections include 6m @ 2.30 grams per tonne gold and 0.34% copper from 5m, including 3m @ 2.3g/t gold and 0.35% copper from 7m; 4m @ 6.60g/t gold from 32m;6m @ 3.10g/t gold from 18m; and 5m @ 2.60g/t gold from 30m.
Mandrake Resources is a mineral explorer focused on advancing the Berinka Gold–Copper Project in the Northern Territory and the 93,000-acre Utah Lithium Project in the US.
Write to Paula Fabe at Mining.com.au
Images: Mandrake Resources
