Encounter Resources Ltd (ASX:ENR) has expanded the copper-gold footprint with results of 17 hole (3,200m) RC drill programme at the 100% owned Lamil Copper-Gold Project in the Paterson Province of Western Australia.
Managing Director, Will Robinson, said a potentially significant copper-gold mineral system is emerging with multiple stacked copper-gold lodes and copper grades strengthening to the south.
The recent Winu and Havieron discoveries have demonstrated the copper-gold scale potential of the Paterson Province,” Mr Robinson said.
“We have taken important steps forward at Lamil in this latest program intersecting primary copper-gold mineralisation in broad spaced RC drilling. At Dune, the drilling also expanded the near surface copper-gold zone to over 800 metres.
“Encouragingly, the latest drilling also highlights stacked layers of mineralisation and a strengthening copper signature, together with multi-element vectors, indicating we are proximal to the core of the system.
“Accordingly, an RC drill rig has been secured for follow up drilling to commence in the second half of January 2021.”
New primary copper-gold intersections at the Dune prospect include:
Follow up RC drilling will focus on extending the zone of gold mineralisation to the south where the copper signature is strengthening. A number of proximal pathfinder elements (up to 2,530ppm Bi, 9ppm Te & 20ppm Sb) are vectoring towards this area where the prospective host unit is closer to surface.
Lamil covers an area of ~61 sq. km and is located 25km northwest of the major copper-gold mine at Telfer, owned by Newcrest Mining. Lamil is adjacent to a major regional gravity lineament which marks the location of a significant structure and deformation zone that would have acted as a pathway for ore forming fluids during the formation of the Proterozoic aged deposits. This is a regionally similar structural context to the setting of Rio Tinto Ltd’s Winu copper-gold deposit (Inferred Resource of 503Mt @ 0.35% Cu and 0.27 g/t Au )