Odin Metals Limited (ASX: ODM) has identified multiple priority targets identified over 10km of strike in its geophysical work programmes completed at its Koonenberry Copper Project in NSW.
Comprehensive programmrs completed during May and June 2023, covered a 10km portion of the 30 km Wilandra Copper Corridor along the Koonenberry fault system and included controlled source audio-frequency magnetotellurics (CSAMT) at the company’s 100% owned Koonenberry Project.
Odin has now identified multiple targets, effectively increasing the number of potentially mineralised structures over a strike length of 10km. HeliTEM and soil anomalies highlight an additional 20km of potential strike extents. The existence of parallel CSAMT signatures coincident with soil anomalies is highly encouraging,” Executive Chairman, Simon Peters, said.
“Odin will now advance these targets towards drill testing with future soil geochemistry and CSAMT work to the north being scheduled as well. The results of this latest work by Odin provides further encouragement that additional mineralisation and targets will be identified in the remaining 20km of underexplored corridor, which incidentally sits within the 175km long Koonenberry ground held by Odin.
“Odin’s work continues to enhance the prospectivity of the Koonenberry region in Western NSW, providing all of Odin’s shareholders with multiple opportunities to participate in a new significantly sized copper, nickel and other base and precious metals discovery.”
Odin Metals’ current exploration programme is focussed on developing its district scale Koonenberry Belt project. Odin’s tenements cover more than 3,300km2 of the Belt, which is located 80km east of Broken Hill, NSW. The Koonenberry Belt is highly prospective for VMS-hosted copper and magmatic Ni-Cu-PGE, and contains four highly prospective projects, Willandra, Cymbric Vale, Scopes Range and Wertago, identified to date.
Geophysical programmes completed during May and June 2023, focussed on a 10km section of the larger 30km Wilandra Copper Corridor, a part of the broader 175km Koonenberry fault system within Odin Metals tenure. The program of work utilised controlled source audio-frequency magnetotellurics (CSAMT) at the company’s 100% owned Koonenberry Project. A 12 line kilometre, grid based CSAMT geophysical survey was completed by Zonge Geophysical consulting along a 10km portion of the 30km long Wilandra Copper Corridor where recent exploration had identified coincident soil geochemistry, rock chips and HeliTEM anomalies.
Next Steps
- A 2,000 – 3,000m RC programme is currently being designed.
- A soil sampling programme will be undertaken shortly to test several new conceptual targets with another round of targeted soil sampling to the east and south along the Wilandra Copper Corridor.
- Odin Metals will also be investigating the possibility of utilising further CSAMT surveys to further extend and define the Wilandra Copper Corridor. Odin will also consider the suitability of various other geophysical exploration methods to delineate further mineralised trends across its prospects.
