Aeris Resources provides drilling update for Torrens

Aeris Resources provides drilling update for Torrens

Aeris Resources (ASX: AIS), an Australian copper producer and explorer, has provided an update on its 70% owned Torrens Exploration Project in South Australia. The current drillhole, TD10, commenced drilling on the 24th April and intersected the artesian aquifer between 60m to 90m below the lake surface. Drilling continued to 108m, at which point casing was installed and cemented to surface ensuring the artesian aquifer was successfully sealed off and contained. Excellent drill rates have been achieved beneath the artesian aquifer.


Aeris Resources (ASX: AIS), an Australian copper producer and explorer, has provided an update on its 70% owned Torrens Exploration Project in South Australia.

HIGHLIGHTS

·       Drillhole TD10 is currently at 297 metres and successfully drilled through the artesian aquifer

·       Mitigation protocols implemented to avoid the issues encountered in previous drill holes have been successful

·       TD10 targeting a large (3km2 ) coincident gravity and magnetic body interpreted from 1,200 metres below surface

The current drillhole, TD10, commenced drilling on the 24th April and intersected the artesian aquifer between 60 metres to 90 metres below the lake surface.

Drilling continued to 108 metres at which point casing was installed and cemented to surface ensuring the artesian aquifer was successfully sealed off and contained. Excellent drill rates have been achieved beneath the artesian aquifer.

TD10 had advanced to a depth of 297 metres (4th May). The target zone is defined by a large (3km2) coincident gravity and magnetic anomaly interpreted from 1,200 metres below surface.

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