Australian copper producer Aeris Resources Limited (ASX:AIS) has reported high grade copper mineralisation at its Kurrajong prospect, following the completion of its current drill program. lling have intersected further high grade copper mineralisation. Results from the drilling program include 4.5m @ 5.16% Cu, 6.4m @ 4.55% Cu and 3.35m @ 6.51% Cu. The current drill program at Kurrajong is now complete and work is focusing on building a geological interpretation and predictive model, including development of an exploration target model delineating tonnage and Cu grade ranges.
Highlights:
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Further high grade copper mineralisation intersected at Kurrajong:
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TKJD017W2 3.35m @ 6.51% Cu, 0.62g/t Au, 17g/t Ag
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TKJD019 4.5m @ 5.16% Cu, 0.48g/t Au, 16g/t Ag
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TKJD023 6.4m @ 4.55% Cu, 0.27g/t Au, 11g/t Ag
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Copper mineralisation now traced over 1,100m down plunge
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Copper mineralisation remains open down plunge and along strike to the north
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Focus is now on developing detailed geological interpretation and predictive model to assist with next phase of drill targeting
Established Australian copper producer, Aeris Resources Limited (ASX: AIS) is pleased to provide an update on the Kurrajong prospect (Kurrajong), after the completion of the current drill program.
A further five drillholes and three wedge holes have been completed following the previous ASX announcement regarding Kurrajong (21st August 2018 “Kurrajong continues to deliver”).
Results from the latest round of drilling have intersected further high grade copper mineralisation. TKJD019 (4.5m @ 5.16% Cu) and TKJD023 (6.4m @ 4.55% Cu) intersected massive sulphide mineralisation toward the upper extents of the known mineralised system whilst TKJD017W2 (3.35m @ 6.51% Cu) intersected massive sulphide mineralisation along strike from a high grade copper interval reported previously from TKJD017 (17m @ 2.59% Cu).
The deepest drillhole completed to date, TKJD024W1, intersected a broad zone of pyrite and chalcopyrite mineralisation (17.0m @ 1.25% Cu) approximately 300m down plunge from previous drillhole data (TKJD017 17.0m @ 2.59% Cu). The mineralised system has now been traced over 1,100m down plunge and remains open in this direction and along strike to the north.
The current drill program at Kurrajong is now complete and work is focusing on the building of a detailed geological interpretation and predictive model, including development of an exploration target model delineating tonnage and Cu grade ranges. Future drilling at Kurrajong will occur subsequent to this, ensuring drillholes target the most prospective areas within the large sulphide system.
SIGNIFICANCE OF RESULTS
Since the recommencement of drilling activities at Kurrajong in April 2018 the results have exceeded expectations. The current program has continued to intersect high grade copper massive sulphide over a significant area.
Although drill coverage at the Kurrajong deposit is sparse, an emerging story is unfolding. High grade copper mineralisation associated with a massive sulphide horizon has now been traced over 800m down plunge. The massive sulphide intersections are distributed along a linear corridor which exhibits an extensive down plunge component. Similar observations have been made elsewhere within Aeris’ Tritton tenement package.
