Drilling proves there’s much more copper at Caravel’s Bindi deposit
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Caravel’s infill and extensional drilling has intersected more thick zones of copper mineralisation at the Bindi deposit near Perth, Western Australia.
Assays from infill holes 21CARC133 to 137 and 22CARC001 to 008 at the Bindi East, Bindi Hinge and Bindi West positions continued to demonstrate good continuity of the mineralised zone along strike and down dip along with higher grades in the starter pits.
Notable intersections include 136m grading 0.33% copper from a down-hole depth of 44m (21CARC134), 132m at 0.29% copper from 38m (22CARC004) and two separate zones of 80m at 0.33% copper from 162m and 44m at 0.24% copper from 168m at 22CARC001.
Caravel Minerals (ASX:CVV) added that 22CARC009-014 at Bindi Far East confirmed that significant mineralisation is present in the zone 300m east of Bindi East and least for 700m north of the South-East Synform.
Extensional drilling has also confirmed the potential for a new mineralised zone to be defined in the Lower Limb position east of the current Bindi resource.
Caravel currently has one diamond rig continuing geotechnical drilling at Bindi.
Assays are also pending for a number of drill programs such as the Dasher diamond core drilling, the Bindi West infill RC percussion drilling program, Bindi diamond core drilling for metallurgical samples, aircore drilling peripheral to the Bindi deposit, and AC drilling at the Dalwallinu project.
This article was developed in collaboration with Caravel Minerals, 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.