C29 Metals Limited (ASX:C29) has successfully completed an airborne electromagnetic survey over the Sampsons Tank copper exploration project located in New South Wales.
The company has also carried out soil geochemical sampling to expand coverage around existing soil anomalies.
C29 is exploring for deformed, remobilized, high grade Besshi-type volcanic associated massive sulphides.
A coincident VTEM conductor with copper in soil anomalism instills confidence in the exploration model, and the exploration methods being utilised at Sampson Tank to defined VAMS mineralisation.
The airborne survey was flown by UTS Geophysics and comprised a Versatile Time Domain Electromagnetic (VTEM Max) survey and an Aeromagnetic survey.
Full coverage of the Exploration License was achieved with 521 line-km flown over two days. The electromagnetic response was somewhat affected by conductive clay horizons at or near surface, however three bedrock conductors of note have been identified; one coincident with an elevated soil anomalism and two new exploration target.
The coincident VTEM A conductor is situated immediately adjacent to the existing ‘Corsair’ prospect which is the company’s highest priority exploration target at Sampson’s Tank.
Anomalous copper in soil overlies a magnetic anomaly at Corsair and the addition of an electromagnetic conductor means a very interesting exploration story is emerging here.
The company is now planning to drill this prospect but may investigate further geophysical methods to assist with targeting.
The soil geochemical sampling comprised almost 700 samples which were collected from the northern sector of the exploration license, designed to infill and expand the existing soil grid over the ‘Corsair’ and ‘Mustang’ prospects.
Modest copper anomalism (up to 32ppm) was noted in a number of samples close to these existing prospects.
“It’s been an encouraging start to the exploration program at Sampsons Tank Copper-Gold Project. The VTEM survey was able to identify three coherent bedrock conductors,” Executive Director, Mark Major, said.
“Corsair, with a VTEM conductor and coincident copper in soil anomalism, is a priority target and warrants drill testing. Additionally, the other two VTEM conductors, are located in areas unexplored by modern techniques. These areas will be the focus of future exploration efforts.
“The results of both the geochemical and geophysical surveys validate the exploration model and techniques deployed by the C29 exploration team and I congratulate their success. We look forward to updating the market as we prioritise these targets for RC drilling as early as this summer.”
For further information please visit: https://c29metals.com.au/
