Anax Metals Limited (ASX: ANX) has received promising assay results from diamond drilling completed at the Evelyn Deposit, Whim Creek Project, located 115 kilometres southwest of Port Hedland, in the West Pilbara region of Western Australia.
The Whim Creek Project is 80% owned by Anax with the remaining 20% owned by Develop Global Limited.
Two diamond holes completed at the Evelyn deposit intersected near-surface massive sulphides consisting of chalcopyrite, sphalerite, galena, pyrite and pyrrhotite with true widths of up to 15 metres encountered.
The programme was designed to obtain samples for metallurgical test work and to provide core for geotechnical studies to support the mine design engineering work currently underway. Evelyn is located 25km south of the proposed Whim Creek processing facility on the Croydon-Whim Creek Road.
The metallurgical drilling programme at Evelyn targeted high and moderate grade copper and zinc domains. Both holes successfully intersected significant mineralisation, including near-surface zones of well-mineralised copper (as chalcopyrite), zinc (as sphalerite) and lead (as galena) in the form of semi-massive to massive sulphides.
The massive sulphide lens is zoned with zinc (as sphalerite) dominant in the upper portions and copper (in the form of chalcopyrite) increasing with depth.
These assay results are very pleasing and confirm that the Evelyn deposit will provide considerable upside to Whim Creek project outcomes,” Managing Director, Geoff Laing, said.
“Metallurgical test work is well advanced and initial indications suggest that Evelyn ore will be highly compatible with the processing flow sheet currently being finalised for both the Mons Cupri and Whim Creek ore deposits. It is envisaged that Evelyn ore will feed directly into the Whim Creek development scenario.”
