Sultan is chasing big copper, gold potential at Razorback Ridge
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Sultan has started the maiden diamond drilling program at its Razorback Ridge copper-gold target in the East Lachlan Fold Belt in New South Wales.
The nine-hole program targets the structural host beneath outcropping copper-gold mineralisation where rock chip sampling across the +1km long structure had returned promising gold and copper assays topping up at 2.65% copper and 2.25 grams per tonne (g/t) gold.
Additionally, soil sampling has defined a large scale, open, 1.5km by 0.2km high order gold-copper in soil geochemical anomaly.
Sultan Resources (ASX:SLZ) adds that mineralisation at Razorback is hosted in limestones and mafic volcanics abutting the Big Hill magnetic complex and displays skarn-like affinities.
The nine holes totalling about 1,000m will be drilled at three locations using a small footprint, track-mounted diamond rig to minimise any impact on the environment.
Initial holes will be relatively shallow to provide structural orientation, before follow-up holes target the structure at depth.
Incredibly enough, Razorback Ridge was missed by previous explorers despite its outcropping skarn-style mineralisation being exposed for over 1km in a copper-rich district that hosts some major mines.
This article was developed in collaboration with Sultan 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.