R3D Resources (ASX:R3D) has reported a ‘significant’ sulphide intersection from diamond drilling at its Tartana Copper And Zinc Project, located 150 km west of Cairns in Far North Queensland.
The company reports that a three-hole diamond drill program, testing targets outside of the project’s copper mineralised zone, has intersected over 60m of intensely veined and brecciated/stockwork in sandstone with semi-massive to disseminated mixed sulphides. Visual inspection of the core indicates 5% to 10% sulphide content.
The result from 400m east of the project’s open pit comes in addition to an intersection of up to 30m of more ‘highly mineralised’ sulphides east of the pit, and 10m of semi-massive sulphides 300m below the open pit.
“visible mineralisation evident in the core confirms that Tartana porphyry copper mineralisation is far more extensive than the immediate open pit environs”
Speaking on the results, R3D Resources Managing Director Steve Bartrop said: “The visible mineralisation evident in the core confirms that Tartana porphyry copper mineralisation is far more extensive than the immediate open pit environs. These holes have enabled broad testing of targets which support the potential for a future copper sulphide project. This includes the polymetallic mineralisation intersected below the Valentino prospect which itself is more than 400m east of the open pit but where mineralized zones may connect both areas.”
R3D reports that it has completed two diamond drill holes for a total of 1,220m, and is currently finalising work on a third hole to a 400m planned depth. Drilling is tasked with testing ‘major’ IP targets, along with the ‘new and larger’ Valentino zone, and depth extensions underneath the open pit. Historical drilling has highlighted potential for Valentino to contain superior gold, silver and cobalt grades compared to the main pit area.
Drill core is currently being prepared for assay, with an expected 4-week turnaround.
Images: R3D Resources Limited