NT Minerals Limited (ASX: NTM) has commenced drilling at the company’s Redbank Copper Project in the McArthur Basin, Northern Territory.
A total of 5000m of percussion drilling (RC) will be completed initially targeting selected discrete, late-time conductor targets that have been upgraded with ground-based IP surveying in 2021.
Target depths vary between 200- 350m.
The drilling programme will include investigation of significant copper/ bismuth/ antimony/ manganese soil anomalism at Calvert over a 40km corridor/
We are pleased to have our 2022 drill program underway. Over the past 18 months our team has worked hard to target stratabound copper mineralisation in this region of the McArthur Basin and as a result we have a suite of targets for drilling,” Managing Director, Hugh Thomas, said.
“We are looking forward to the results of the VTEM drilling and I will be reporting on further work plans including further drilling of highly prospective surface geochemical anomalies and additional multielement soil sampling programmes over the coming weeks in what will be a busy period for NT Minerals.”
The Redbank Project is located in the southeast McArthur Basin and extends from the Northern Territory/Queensland border north-west to Glencore’s McArthur Mine.
In July 2020, NT Minerals secured a district scale tenement holding, pegging open ground following ground-breaking work by Geoscience Australia.
This work highlighted the prospectivity for Tier 1 base metal deposits between the world-class deposits of McArthur River and Century. NT Minerals Limited though its 100% subsidiary Redbank Operations Pty Ltd holds the tenements with a 100% interest.