RE: SW Drilling29 Apr 2020 12:24
Last update from NCM - March 11th
'High-grade copper-gold mineralisation has been outlined within a folded sub-vertical arcuate sulphide zone over 450m in extent, and in excess of 600m vertically. It remains open at depth and to the north-west. This zone is supported by 25 mineralised intercepts to date.
Drilling has also further developed understanding of mineralised breccias proximal to the arcuate mineralised zone, with broad intercepts supporting potential for bulk mineable options. Best grades within the breccia zone are developed within 100m of the arcuate mineralised zone. The mineralised breccias have been observed to 1,200m below surface and remain open at depth. Further drilling is required to understand the controls and dimensions of breccia-related mineralisation.
Results to date support potential for both high grade selective and bulk mining methods, which are currently being evaluated. Newcrest will continue infill drilling to support the delivery of a maiden mineral resource in the second half of the 2020 calendar year.'