True North Copper (ASX:TNC) reports its phase one induced polarisation (IP) geophysics program has extended the Aquila copper-cobalt-silver discovery approximately 500m north at the Mt Oxide Project in northwest Queensland.
The seven line-kilometre survey has expanded the strike of the Aquila discovery to more than 1.5km while generating additional high-priority drill targets along the Mt Gordon Fault Zone.
The company says the results validate its geophysics-led targeting approach, which has delivered broad, high-grade copper intercepts, including 145m at 0.75% copper and 59m at 1.77% copper.
Managing Director Andrew Mooney says the completion of the phase one IP geophysics program marks another important step in the company’s strategy to ‘systematically grow the Mt Oxide Project’.
“Extending the Aquila IP anomaly a further 500m north has now grown the target to more than 1.5km in strike extent, with mineralisation and geophysical anomalies remaining open along strike and at depth beyond current drilling,” Mooney says.
“The strong correlation between IP anomalies and Aquila mineralisation continues to validate our geophysics-led exploration approach and increases our confidence in the potential to rapidly expand the system through additional drilling.”
The survey successfully expanded the Aquila conductivity and chargeability anomaly approximately 500m north of current drilling, highlighting further growth potential within the emerging copper-cobalt-silver system.
Results continue to validate the company’s geophysics-led targeting approach, which has been specifically tuned for the geological setting north of Aquila.
The program also identified additional anomalies and extended targets at the Apollo and Acanthis prospects, reinforcing the interpretation that multiple mineralised structures run parallel within the Mt Gordon Fault Zone.
The company plans to refine and prioritise drilling to extend the Aquila discovery along strike and at depth while advancing interpretation and targeting of newly identified parallel structures at Apollo and Acanthis.
True North will also undertake surface mapping and sampling across newly defined IP anomalies and complete downhole electromagnetic surveys on deeper drill holes.
True North Copper is an Australian copper company advancing a portfolio of assets in the Mt Isa region of Northwest Queensland.
Write to Amy Rotman at Mining.com.au
Images: True North Copper
