Multiple high-grade zones including 25.5% copper, 1,935ppm silver and 15.2 g/t gold pave the way for further drilling at the Oracle Ridge Copper Project in Arizona, USA.

Eagle Mountain (ASX:EM2) says assays results have been received for 15 diamond drillholes, intersecting narrow high-grade veins and returning one of the highest copper and silver assays ever recorded.

Drilling around the historic Daily mine area, which falls outside the existing resource returned results including 3.20% copper, 117.84g/t silver, and 0.28g/t gold over 6.7m, as well as 3.18% copper, 27.85g/t silver, and 0.08g/t gold over 5m.

Expansion drilling around the historic Geesaman mine area included 7.68% copper, 28.60g/t silver and 0.11g/t gold over 2.2m, and 3.75% copper, 0.66g/t silver over 0.4m.

Mapping to have considerable impact on resource model

“We are pleased to see more impressive high-grade assay results at our Oracle Ridge Project, including one of the highest copper and silver assays ever recorded.

“Could these zones be an indicator of a larger system or thicker areas in the vicinity?” EM2 CEO Tim Mason says.

“One key objective of the recently commenced underground sampling and mapping program is to assess the extent of these very high-grade zones, which could have a considerable positive impact on the resource model and potential future mining operation.”

What’s next?

The sampling program involves cutting a sawtooth pattern on the walls and taking continuous samples from the cut.

Initial results of the mapping program are pending.




This article was developed in collaboration with Eagle Mountain, 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.