True North Copper (ASX:TNC) has begun a geophysical survey over multiple targets along strike from the Vero resource at the Mt Oxide Project in Queensland.
The survey aims to test for sulphide mineralisation below several recently mapped leached gossan zones and build an improved understanding of the regional scale structural and geological architecture.
Three areas will be the main focus, namely the Camp Gossans, Ivena North, and Aquilla and Mt Gordon areas.
Camp Gossans is a 1.8km trend of intermittently outcropping copper-cobalt-arsenic anomalous leach gossan breccias with a combined length of 500m and up to 16m wide. Ivena North is an undrilled and under-explored over 900m-long and 150m-wide zone. Meanwhile, Aquilla and Mt Gordon is a 1.5km-long and 250m-wide zone adjacent to the Mt Gordon Fault Zone.
It is anticipated that the survey will take up to 60 days to complete.
Managing Director Bevan Jones says the company has been actively exploring and building the cursory work on multiple prospects across the tenements that are yet to be explored and drill tested.
“Having received a Collaborate Exploration Initiative grant for this work highlights the prospectivity of the Mt Oxide Project area and the potential for new critical metal discoveries,” Jones says.
“Our survey at Mt Oxide aims to commence a new chapter of discovery within the Mt Oxide district. The testing for geophysical signatures below multiple zones of outcropping gossans with strong similarities to those associated with orebodies at the nearby 29 Metals (ASX:29M) Capricorn Copper District, is the next stage in defining and prioritising drill targets to test in upcoming programs envisioned for this year.”
True North says integration of the new geophysics with mapping and surface geochemical sampling is currently in progress and will allow for the identification and prioritisation of drill targets for possible testing in the third or fourth quarter of next year.
True North Copper is a copper and cobalt mining company focused on its projects in Queensland.
Write to Aaliyah Rogan at Mining.com.au
Images: True North Copper
