Emmerson Resources (ASX:ERM) has commenced a significant drill programme searching for copper-gold mineralization at the Kiola project in NSW, Australia.
“First drill tests of a potentially sizeable copper-gold system,” Managing Director, Rob Bills, said.
“Phase 1 of our planned ~3,000m drilling programme is aimed at testing a selection of chargeable, conductive and magnetic targets within the ~15sq. km Kiola Geochemical Zone (KGZ), noting that there has been no deeper drilling within these zones to test for the source of the gold and copper mineralization at depth.
“Emmerson, in combination with our geophysical consultants, have produced a compelling 3D model at our Kiola project in NSW. This new model suggests a connection between the surface mineralization within the Kiola Geochemical Zone (KGZ) and a porphyry copper-gold system(s) at depth.”
Emmerson’s Kiola project is ranked as high-priority within the company’s early-stage gold-copper projects in the NSW portfolio and is centred on the 15sq. km Kiola Geochemical Zone (KGZ).
Recent work has confirmed that the KGZ contains many attributes of world class porphyry gold-copper mineralization and is divided into a northern area centred on the Nasdaq skarn and southern area around the South Pole, Kiola and Right Hand Creek mine.
Emmerson’s multifaceted field programme has included soil and rock chip geochemistry, with rock chip samples up to 19.6g/t gold and 2.16% copper.
It has also utilized aspects of the Australian Research Council (ARC) Linkage project such as “green rock alteration” and age dating to refine the subsurface 3D model and provide vectors to the core of the copper and gold mineralization. This has provided the framework for linking the surface geology and mineralization within the 15sq. km KGZ to a unifying model at depth.
This large geophysical survey which also incorporates the reinterpretation of an existing VTEM survey (Versatile Time Domain Electromagnetic), was a significant investment which has produced some very exciting results.
The copper and gold prospects at the surface are now interpretated as part of a much larger, potentially mineralized system that stretches over five km from the Nasdaq skarn in the north to the Yards prospect in the south.
This first phase of drilling will consist of four holes for a minimum 3,000m and is aimed at testing a variety of targets.
For further information please visit: https://www.emmersonresources.com.au/
