Redstone Resources Limited (ASX: RDS) has commenced RC drilling at its 100% owned West Musgrave Project in Western Australia.
Chairman Richard Homsany reported that a geological team and drilling contractors have mobilised to site and commenced the planned drilling programme of approximately 2,000m of reverse circulation (RC) drilling at various depths.
Mr Homsany said the RC drill programme is aimed at drill testing the five best EM targets identified from the completed ground EM survey, namely EM targets EM2 through to EM6. Targets EM2, EM3 and EM4 occur along strike to the north and south of the Tollu Copper Vein Project, while targets EM5 and EM6 are close to discrete magnetic anomalies along a NE trend from Tollu
The RC drill programme will also include some further drilling to test the Tollu copper vein system at depth and to provide information to aid in the understanding of the structural setting hosting the copper mineralisation and its relationship with the surrounding rocks. In particular, this hole is aimed at gathering information in the contact zone between the main fault and the abutting gabbro to the east at depth.
Mr Homsany said that as part of this exploration campaign the geological team will also undertake detailed geological mapping over areas identified as potentially prospective from airborne magnetic geophysical data.
These areas will include, but not be limited to, the South Tollu, Northside, New Tollu, Transfer Zone, Opal Flats and North East Structural Zone identified from a recently completed Project prospectivity assessment.
These additional potentially prospective areas have further enhanced Redstone’s confidence that the most prospective areas of the project have not yet been tested outside of the already defined JORC compliant copper and cobalt resource at Tollu.
The project has the right geological and structural setting for large magmatic Ni‐Cu sulphide deposits like that of Nebo‐Babel (located approximately 40km to the west of the Project) as well as other deposit types Redstone has under consideration.
“The Board remains confident in the potential for further mineralisation at the Project as its evaluation of Tollu and the broader West Musgrave Project area continues.”
