Metalicity uncovers abundant copper mineralisation at Mt Surprise

Initial fieldwork at the Mt Surprise Lithium Project identified abundant copper sulphides from historic workings where high-grade copper of more than 1pc as well as one hitting <25pc copper was previously reported.

Metalicity’s (ASX:MCT) exploration team completed extensive field work activities last week and completed its goals of scoping out the environment, topography and geology of the Mt Surprise project area.

MCT managing director Justin Barton says the team is really encouraged by the initial sample of rock chips collected to date.

“Particularly the extensive copper sulphides of azurite and malachite identified,” managing director Justin Barton says.

“We are also excited to get the opportunity to have detailed discussions with geologists who have spent much of their careers exploring and learning about the geology and mineral prospectivity of the Mt Surprise area and northwest Queensland as a whole.

“These discussions are proving to be highly beneficial in planning our follow-up program targeting lithium pegmatites and other prospective metals.”

Fieldwork program

Three separate historic workings were identified, mapped, and sampled consisting of a small shaft with minor underground workings and two shallower trenches or costeans within 250m from each other on a north-south striking trend.

Samples were collected where possible from narrow veins as well as the surrounding geology with abundant copper as azurite (blue) and malachite (green) mineralisation observed at surface and within 30 -50cm wide quartz stockwork veins.

These historic workings yielded significant high grade copper results up to 27.5% Cu3.

The programme also set out to verify if possible historic exploration results for lithium and other base and precious metals, with results from these samples pending analysis from Intertek Laboratories in Townsville and Perth.

Next on the list

Results from initial reconnaissance rock chip samples are expected by the end of November and help guide MCT in the discovery of future exploration targets.

Whilst awaiting these results, Metalicity will plan the next stage of exploration at the Mt Surprise project area, in consultation with reputable exploration consultants and geologists who have extensive knowledge and history of the Mt Surprise/Georgetown area before the onset of the North Queensland wet season.

The company will also engage with these Townsville-based consultants to assist with future exploration activities both from a technical and fieldwork resource perspective.

This article was developed in collaboration with Metalicity, 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.