Follow-Up Campaign At Pilbara Gold Discovery
Coziron Resources Limited (ASX: CZR) has commenced a first-stage 3000m follow-up RC drilling programme at its Croydon Gold Project in Western Australia’s Pilbara Region.
The initial holes in the programme, which is expected to take about three weeks to complete. will be adjacent to the Top Camp discovery intercepts which included results such as 8m at 10 g/t from 135m and 19m at 0.6 g/t from 51m in within a gold anomaly that measures 1.4km by 400m wide.
The drilling will then acquire some initial intercepts below the interval of peak gold anomalism at the Bottom Camp prospect at Croydon and commence the evaluation of this emerging target which shares many geological features with the Top Camp prospect.
During the ongoing compilation of results from the diamond-drilling programme completed in June, Coziron detected a transposing error. This error had resulted in the three recent diamond drill holes being drilled some distance from their intended location. This has now been corrected and the company is looking forward to testing the intended locations properly during the current RC program.
Results from the diamond drilling programme are yet to be fully available due to delays in cutting the core and reporting times becoming extended as services supporting exploration experience a surge in business interest.
The 320 sq. kmCroydon project is located in the Mallina region near Port Hedland, which is rapidly emerging as a major gold province with the potential to be of world-class scale following the discovery and ongoing reports of mineralisation at Hemi by DeGrey Mining.
Croydon is also located about 50km south-east of Hemi and covers approximately 40km of the key regional structures of the Tabba Tabba shear zone.
In late 2019, the company completed a maiden RC drill campaign on the Top Camp prospect that pierced through weathered material beneath large areas of outcropping altered rocks that host extensive areas of shallow historical workings and anomalous soil geochemistry.
In the very limited first programme, nine of the 13 holes drilled to 200 metres on 300 metre spaced sections intersected intervals of gold mineralisation with 1m samples at greater than 0.5 g/t. The best downhole intercept of 8m at 10.2g/t Au from 135m was supported in other holes by broad zones of alteration and mineralisation that included 19m at 0.69 g/t Au from 51m, and 7m at 1.4g/t Au from 58m. In addition to this success at Top Camp, CZR has identified several other geochemical anomalies within its Croydon tenement package which are being advanced towards the generation of drill targets.