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First assays confirm copper discovery at Blue Hills in South Australia

Mining News - Published on Mon, 11 Feb 2019

Image Source: Deep-South Resources
Archer Exploration Limited announced an update of the reverse circulation drilling program at the Hood prospect, which is part of Archer’s Blue Hills Copper-gold Project, located approximately 240 km north of Adelaide, South Australia. The maiden RC drill program at Hood continues to deliver encouraging results with copper intersected from surface in the first hole drilled at Hood (drill hole HDRC19-01) reporting 24m @ 0.10% copper. Full results for holes HDRC19-01 and HDRC 19-02 are shown in Table 2 at the end of this announcement. The assay results and geological observations from HDRC19-01 and HDRC19-02 holes completed at Hood, with all of the information to date, suggests the presence of a large intrusive related copper-gold mineralising event.

Hole HDRC 19-02 was drilled 51 metres to the south-west of hole HDRC 19-01. The fact that the copper mineralisation in hole HDRC 19-02 did not commence from surface may indicate that the target zone of copper-gold mineralisation is likely located closer to the northern hole HDRC 19-01 than where HDRC19-02 was drilled. In that context, the broad low-grade interval encountered in HDRC19-01 is considered very encouraging by Archer.

In addition to the presence of copper, zones of albitite and molybdenum mineralisation were also intersected in holes HDRC19-01 and HDRC19-02 and when combined with geological observations of the surrounding host rock sequence also provides strong support for an intrusive style mineralising event.

This initial reconnaissance RC drilling at Hood has provided information which will allow Archer to better target the higher-grade areas with future exploration.
Archer’s Executive Chairman, Mr Greg English, said “At Hood we have received positive results from the first drill holes ever drilled in this area, and we believe that the results from HDRC19-01 could represent the edge of a much larger system.

Mr English said that “Importantly, the presence of molybdenum, albitite and alteration in both holes HDRC19-01 and HDRC 19-02 supports our conceptual model that an intrusive style mineralising event is driving the copper-gold mineralisation at Hood.”

Source :

Posted By : Rabi Wangkhem on Mon, 11 Feb 2019
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