Copper potential at Firetail’s Picha as it moves on York Harbour

Assays from maiden drilling of Firetail Resources’ Picha show up to 5.4% copper
York Harbour exploration about to get underway
Initial exploration includes geophysics and drilling

Special Report: Results from drilling at Firetail’s Picha Copper Project in Peru highlight shallow, high-grade copper measuring up to 5.4% Cu, signalling follow-up potential as focus shifts to York Harbour zinc project in Newfoundland, Canada.

Shallow, high-grade diamond drill results from Firetail Resources (ASX:FTL) maiden three-hole drill program at Picha intersected high grades of copper at the Cobremani target at near-surface depths.

Significant assays include:

5.12m at 5.40% Cu and 44.9g/t silver from 2.88m
13m at 2.81% Cu and 27.1g/t Ag from 2m

Further interpretation and potential follow-up drilling is required to identify the primary source of the surface copper mineralisation.

Off to York

FTL says the York Harbour copper-zinc-silver project exploration plan is advancing as an earn-in deal and as part of the requirements, it needs to complete tenders for drilling, LiDAR and geophysics data.

Firetail, Resources, ASX, FTL, Picha, Copper, Project, Drilling — York harbour project area showing current and planned geophysics extents. Pic via FTL

The company recently hired veteran exploration and mining geologist Glenn Poole as its chief executive officer to accelerate exploration and development of its new project.

Poole says the latest high-grade drill intercepts from Peru highlight the prospectivity of the area.

“This maiden drill program only beginning to test the true potential of the project,” Poole says.

“The primary exploration focus will now shift to our York Harbour copper project as we prepare to get the geophysics and drilling activities underway.

“The second half of this year is set to be an exciting period for the company as we look to grow the potential of what is an already very promising asset.”

This article was developed in collaboration with Firetail Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.