RNS out12 Nov 2021 10:30
· Drill hole BRDD-21-011 has returned very promising intersections of copper and gold mineralisation near the northern limits of the modelled Racecourse Inferred Mineral Resource
· Full results are available in Table 1, with highlights below;
· 18m at 0.38% CuEq (0.14% Cu, 0.41g/t Au, 0.5g/t Ag) from 142m
· 18m at 0.25% CuEq (0.05% Cu, 0.35g/t Au, 0.4g/t Ag) from 220m
· 78m at 0.32% CuEq (0.3% Cu, 0.02g/t Au, 1.00g/t Ag) from 294m
· 16m at 0.47% CuEq (0.44% Cu, 0.03g/t Au, 1.80g/t Ag) from 342m
· Of particular interest are the significant intervals of comparatively gold-rich mineralisation encountered in the upper part of the hole which may be indicative of a mineral zonation system at Racecourse
Colin Bird, Executive Chairman said: "We are pleased to report on the assay results for hole BRDD-21-011 - the copper values are consistent with the results for the deposit in general. The intersection of two above-average gold zones high in the system has not been evidenced at Racecourse before, although it is not unusual for the region. It would appear that gold mineralisation occurring above the crown of the porphyry intrusion may add to the overall value of the project."