Castile hits broad copper zone at Rover 1
Mining
Mining
Castile Resources (ASX:CST) continues to pack on the copper hits at its flagship Rover 1 in the Northern Territory with the latest hole intersecting a broad copper zone within the iron oxide copper gold (IOCG) system.
Hole 21CRD002 returned a 20.5m zone grading 2.26% copper, 0.31 grams per tonne (g/t) gold, 0.3% bismuth, 0.2% cobalt and 4.6g/t silver from 450.5m including two higher grade zones of 5.5m at 3.3% copper, 0.5g/t gold, 0.4% cobalt and 4.9g/t silver from 450.5m and 4m at 3.1% copper, 0.6g/t gold, 1.3% bismuth, 0.3% cobalt and 12.4g/t silver from 467m.
As if this wasn’t enough, the same hole also intersected a deeper, lower grade 12m zone of mineralisation grading 1.1% copper, 0.1g/t gold, 0.3% bismuth and 1g/t silver from 529m.
Castile managing director Mark Hepburn said the result is another great copper hit at the Rover 1 project.
“We anticipate the extended lengths of mineralisation at consistent grades in these results will enhance our mining studies as we work towards the pre-feasibility study,” he added.
“The data flow will be ongoing as the two rigs continue with the program.”
The latest results add to Castile’s previous results that have expanded the high-grade Jupiter Zone and strikes of up to 4% copper and 30g/t gold.
Victory Mines (ASX:VIC) is also receiving encouraging results from the 6,000m drill program to define the northern extension of two gold-copper trends at its Coogee project near Kalgoorlie.
Its latest assays have defined a 250m strike length over the Eastern Trend, taking the overall Coogee strike length up to 1km.
Notable results were 8m at 3.03g/t gold and 0.37% copper from 124m, 24m at 0.48g/t gold and 0.75% copper from 144m, and 8m at 0.52g/t gold and 1.61% copper from 132m.
The drill program will also improve the company’s understanding of the previously identified copper‐gold porphyry target located immediately to the northeast of the Coogee Pit.