Encounter Resources Ltd (ASX: ENR) has successfully completed its diamond drill programme at the 100% owned Lamil Copper-Gold Project in the Paterson Province of Western Australia.
Managing Director, Will Robinson, said the initial diamond drill programme is targeting large scale copper-gold prospects in the fertile Paterson Province.
“Encouragingly, the targeted IP anomalies at Lamil have been intersected and relate to thick zones of disseminated and blebby sulphides within strongly altered brecciated sediments.
“Priority zones have been sampled for assay with first results expected in May 2020.”
Lamil covers an area of ~61 sq. kmand is located 25km northwest of the major gold-copper mine at Telfer, owned by Newcrest Mining Ltd.
The project 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 major pathway for ore forming fluids during the formation of the Proterozoic aged deposits.
According to the company, this is a regionally similar structural context to the setting of Rio Tinto Ltd’s Winu copper-gold deposit.
Shallow drilling completed in the 1980s by Newmont, which was targeting a series of magnetic anomalies, intersected thick zones of strong copper-gold anomalism.
Mr Robinson said the level of metal anomalism in the historical drilling is considered significant given the recent learnings from Rio Tinto’s Winu discovery and the Havieron gold-copper project operated by Newcrest and Greatland Gold.
Airborne EM and IP surveys were completed at Lamil in the second half of 2019. These geophysical surveys significantly enhanced the geological and structural interpretation of the project and highlighted the compelling targets that were tested in this recent diamond drill programme.
Drill core and samples from the four diamond drill holes from the current programme are being transported to Perth. Priority zones have been sampled with first assays expected in May 2020.
