Established Australian copper producer and explorer Aeris Resources Limited (ASX: AIS) has reported what is describes as “exciting” results from its recent diamond drilling campaign at the Murrawombie underground mine, part of the Tritton Copper Operations brownfields exploration programme in New South Wales.
Aeris Resources Executive Chairman, Andre Labuschagne, said the latest drilling results at Murrawombie are significant as they show that mineralisation continues beyond the current Indicated Mineral Resource envelope, both down plunge and into the Hanging Wall.
Down Plunge Drilling
The reported drillholes targeted the periphery of the main mineralised body (102 lode) and down plunge extensions beneath the Indicated Mineral Resource. Significant assay intercepts down-plunge include: 15.25m @ 3.07% Cu; 34.70m @ 2.06% Cu; 4.60m @ 2.63% Cu; and 17.30m @ 2.05% Cu.
Mr Labuschagne said the drill programme has extended the down plunge extents a further 50 metres beyond the June 2019 Mineral Resource outline and mineralisation Hanging Wall Drilling
Copper mineralisation within the HW has been traced over a strike length in-excess of 170 metres and the increasing number of drillholes intersecting mineralisation over a significant strike length is an excellent indication of the prospectivity surrounding the known mineralised system at Murrawombie.
Significant drillhole assay intervals include: 30.50m @ 2.57% Cu; 13.70m @ 2.18% Cu; 9.75m @ 2.14% Cu; 4.95m @ 4.72% Cu; and
- 70m @ 2.08% Cu.
Aeris Resources an established copper producer and explorer with multiple mines and a 1.8 Mtpa copper processing plant at its Tritton Copper Operations in New South Wales.