High to very high copper, zinc, gold, silver, and cobalt intersections at the Dianne Project in Far North Queensland’s Palmer River Region are pointing Revolver to a large, massive sulphide system.

Revolver’s (ASX:RRR) managing director Pat Williams says the company has not only demonstrated very high-grade intersections, but the rich poly metallic nature of the mineralisation is a very encouraging bonus.

“These are truly remarkable copper grades,” Williams said.

“We have clearly shown, and now measured, the characteristics of the mineralisation at Dianne.

“We are building a comprehensive body of knowledge about the characteristics and style of mineralisation at the project and see growing similarities with deposits like Golden Grove and DeGrussa.”

Drilling highlights

The 2,995m 17-hole program returned hits of up to 3.5m at 13.87% copper, 0.48% zinc, 0.28 g/t gold, 22.3 g/t silver and 385 ppm cobalt from 96.55m in massive sulphide hole 22DMDD09.

This very same hole also hit:

  • 1m at 19.8% copper, 0.87% zinc, 0.30 g/t gold, 33.4 g/t silver, and 384 ppm cobalt and;
  • 1.2m at 16.55% copper, 0.44% zinc, 0.26 g/t gold, 19.6 g/t silver, and 420 ppm cobalt

Assays remain pending for eight remaining diamond holes completed in the program.

Variety of pathways to take project forward

Williams said in addition to the “outstanding” massive sulphide results, Revolver is also continuing to define a broad zone of continuous copper oxide mineralisation immediately adjoining the very high-grade massive sulphide lens.

“These coincident zones of mineralisation present us a wide variety of potential pathways to take the Dianne project forward,” he added.

Near-term exploration efforts have the dual focus to continue the identification of extensions and repeats of the massive sulphide lens as well as determining the extent of the Green Hill oxide mineralisation zone.

The program has also shown the sulphide mineralisation remains open at depth.

Looking ahead

Around 10 PVC cased diamond drill holes are now ready for a down hole electromagnetic program in May, which is a primary exploration technique for identifying continued near-hole massive sulphides.

Revolver will deliver near term updates on this work, and it continues to progress toward an initial JORC mineral resource estimate for the project.




This article was developed in collaboration with Revolver 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.