Established Australian copper-gold producer and explorer, Aeris Resources (ASX: AIS) today reported that the third drill hole (TAKD003) at the Constellation deposit (previously known as Anomaly K) within the Company’s 100% owned Tritton tenement package in New South Wales has intersected a 26.2 metre interval (estimated true thickness 26.2 metres) containing sulphides (predominately pyrite with lesser chalcopyrite).
Third drill hole (TAKD003) intersected:
A 26.2 metre zone containing disseminated and banded sulphides, including
An 8.2 metre interval of massive pyrite bands with visible chalcopyrite
TAKD003 intersection 80 metres down dip from TAKD001.
TAKD003 intersected a 26.2 metre thick sulphide horizon from 234.5 metres down hole and was designed to test the modelled EM plate 80 metres down dip from the 18.8 metre thick sulphide horizon intersected in drill hole TAKD001 (refer Figure 1). Sulphide textures in TAKD003 are very similar to those intersected in TAKD001 and based on visual observations, pyrite is the dominant sulphide mineral with lesser chalcopyrite.
Aeris’ Executive Chairman, Andre Labuschagne, said: “Confirmation that the sulphide body at Constellation continues down dip is an important development in the evolving story of this new deposit. Continuity of mineralisation at depth is a characteristic common with the other deposits discovered on the Tritton tenement package. The next drill hole will seek to test the strike extent of this deposit.”
Samples from TAKD003 will be dispatched to the laboratory for analysis. Assay results are expected to be returned early in 2021. A Down Hole EM (DHEM) survey will be undertaken on TAKD003 early in the New Year.