DLP Resources Inc. (TSXV: DLP) has obtained promising drill results from the fifth hole, A23-005, on the Aurora porphyry copper-molybdenum project in southern Peru.
Highlights
Drillhole A23-005 intersected significant molybdenum-copper mineralization throughout the hole to a depth of 693.4m where it ended in very good molybdenum mineralization. The most significant mineralized intervals included:
- 0.64% CuEq over 693.40m (0.11% Cu, 0.144% Mo and 1.95g/t Ag) from 0m to 693.4m.
- 0.66% CuEq over 58.00m (0.43% Cu, 0.054% Mo and 3.38g/t Ag) from 130.00m to 188.00m.
- 0.95% CuEq over 221.40m (0.03% Cu, 0.259% Mo and 0.41g/t Ag) from 472.00m to 693.40m.
Results from drillhole A23-005 which was drilled approximately 317m WSW of A22-003 continue to confirm Aurora is a robust porphyry copper-molybdenum system with mineralization extending from 2628m elevation at surface to an elevation of approximately 2000m down hole. Once again, this drill hole ended in very good molybdenum mineralization.
“We’ve had another very encouraging copper-molybdenum intersection in drillhole A23-005, President and CEO, Ian Gendall, said.
“We have now stepped out 317m from A22-003 which was drilled on the eastern edge of the porphyry and we continue to expand the mineralized footprint to the west and at depth. Drilling is ongoing to the west of A23-005 and we have completed another two holes A23-006 and A23-007. Assay results are awaited for both holes.”
Aurora Cu-Mo Project – Summary of Drill Results for A23-005
A23-005
Hole A23-005, like A23-004 was drilled in an area of well exposed quartz-molybdenite veining at an angle of -70 degrees towards an azimuth of 140 degrees. The logged geology is summarised as follows:
- Leached quartz-eye feldspar porphyry (QEFP) from 0m to 20m.
- Partially leached QEFP from 20m to 130m.
- Mixed limonitic zone of chalcopyrite and pyrite with secondary enrichment of covellite and chalcocite on fractures within the QEFP from 130m to 188m with quartz-sericite alteration.
- Primary mineralization of chalcopyrite, molybdenite and pyrite within an intermineral quartz-feldspar porphyry from 188m to 302m with quartz-sericite alteration.
- Molybdenite in quartz veins (B-type) and weakly disseminated chalcopyrite mineralization occur within a quartz-sericite altered quartz-feldspar porphyry and quartz-eye-feldspar-biotite porphyry from 302m to 472m.
- Potassic altered quartz-feldspar porphyry and quartz-eye-feldspar-biotite porphyry with disseminated pyrite and weak chalcopyrite mineralization and well developed molybdenite quartz veinlets (B-type) occur from 472m to 693.4m. Strong potassic alteration is logged in this interval.
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