Caprice Resources Ltd’s (ASX: CRS) remaining results from a maiden RC drilling continue to highlight the potential at Lady Sampson in the Northampton Mineral Field of Western Australia.
Northampton is a historical mining area with over 100 years of base metals mining, with minimal on-ground exploration in the last 50 years.
Caprice’s maiden drill programme at Lady Sampson consisted of 11 RC holes for 938m. This is the first time that any drilling has been done in the area. The first drill hole (23NHRC001) returned excellent results with outstanding grades and widths of mineralization from 39m down hole.
The remaining holes (23NHRC002 – 011) have confirmed the mineralization, delineating a north-north- west strike with a likely steep easterly dip. Anomalism and mineralization has been delineated over at least 1,000m and remains open at depth and along strike.
The next round of drilling is scheduled to commence in the next 1 to 2 weeks. This program will test strike extents and depth continuity and will be of similar magnitude to the maiden RC programme.
“We are very excited by the results from this maiden drill program at Lady Sampson. The program has highlighted the potential for mineralization in this previously untested area, with the zone remaining open at depth and along strike,” Managing Director, Andrew Muir, said.
“The imminent follow up drilling will give further insight into continuity, metal zonation as well as depth and strike extents.”
Background
The Lady Sampson Prospect, approximately 40km southeast of the town of Northampton, incorporates a +1,000m long base metal target, defined by historical soils and costeans. The anomaly is focused on a small historical lead mine, Lady Sampson, where one underground.
Whilst the mineralization intercepted to date is overall lead dominant, there is some variability in the metal mix, with areas of zinc dominance, and some strong copper anomalism in 23NHRC0010, the most northerly hole of the project with 1m @0.7%Cu and 5.4g/t Ag from 14m.
The drilling clarified the dip and orientation of the mineralization, which is now interpreted to be steeply east dipping. Given the holes were drilled towards the east, three of the holes are interpreted to have gone underneath the target structure.
The next round of drilling will have holes drilled towards the west, which will give better insights into the metal distribution and should yield a more optimal intersection of the mineralized zone.
Next Steps
With all results now in, follow up drilling will commence in the next one to two weeks.
Phase 2 drilling will look to extend the mineralization at depth in select locations as well as along strike, and to test grade continuity within the zone. The program will be c.1,000m and is expected to take eight – 10 days to drill.
For further information please visit: https://www.capriceresources.com/
