Norfolk strikes more native copper 3km away at Roger River

Norfolk’s confidence in the potential of its Roger River project in Tasmania appears to be well placed with the third hole intersecting three discrete zones of native copper.

Hole 22RRD-003 intersected native copper from 102m to 137.8m, 159.2m to 182m and 212.4m to 263.05m down-hole depth at target A1b.

Importantly, Norfolk Metals (ASX:NFL) executive chairman Ben Phillips notes that the copper is located within similar host rock to the first hole, which is 3km away in the same interpreted fault splay from the main Roger River Fault structure.

“We are currently waiting for the copper screen analysis from the first hole,” he added.

“As we continue to investigate the occurrences of the copper mineralisation, we may revert to additional geochemistry and geophysical exploration techniques prior to drilling our next target.

“In addition, we will commence our regional exploration on the recently granted EL17/2021 (235km2) focussing initially on the known copper and gold occurrences.”

Roger River

The Roger River project comprises two exploration licenses licences (ELs) coving 261km2 and over 30 kilometres strike of the highly prospective Roger River Fault zone – which is host to several gold and copper occurrences as well as alteration, silicification and diatreme breccias typical of epithermal precious metal deposits.

It is located in the north-western region of Tasmania, which is host to several world-class base and precious metal deposits such as Rosebury and Mount Lyell.

Previous exploration by Leached Cap in 2016 defined anomalous arsenic and gold in associated splays off the main fault system while a detailed gravity and drone magnetics geophysical survey carried out by the company in June 2022 generated new drill targets.

Next steps

In the coming months, Norfolk will evaluate induced polarisation survey over Anomaly 2 to locate possible sulphide mineralisation associated with the native copper intersected in the first hole and third hole.

It will seek approval for a soil sampling program and start regional exploration on EL17/2021.

This article was developed in collaboration with Norfolk Metals (ASX:NFL), 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.