Anax Metals Ltd (ASX: ANX) has announced results from on-going exploration work at the Evelyn Project, part of the larger Whim Creek Project, located 115km southwest of Port Hedland.
Results from rock chip samples collected during field reconnaissance at Evelyn South include:
- 14.6% Cu, 0.42% Zn, 0.12% Co, 0.47g/t Au, and 79.9g/t Ag in sample 24WDR0048
- 12.2% Cu, 0.85% Zn, 0.25% Co, 0.59g/t Au, and 37.2g/t Ag in sample 24WDR0049
Anax also completed a soil geochemical programme at a grid spacing of 25 x 50m over the prospective horizon starting immediately south of the Evelyn deposit and extending to the edge of the tenement boundary.
The prospective horizon dips under a thin veneer of recent cover south of Evelyn, and as a result the UltraFineTM soil analysis method developed by LabWest and the CSIRO was selected to identify possible subtle geochemical signatures.
Additionally, field reconnaissance undertaken recently located a small gossan exposed within the Evelyn West trend. Assay results from this gossan sample returned anomalous results including 671ppm Cu, 0.12% Zn, and 101ppm Co). This gossan sample represents the only in-situ geochemical result from the Evelyn West trend and is the first evidence of base metal prospectivity along this completely untested VTEM corridor.
The company plans to commence RC drilling to test targets in early 2025.
To find out more, please visit www.anaxmetals.com.au
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