Golden Deeps Ltd (ASX: GED) has announced the intersection of significant sulphide mineralization in all three completed diamond drillholes at its 100% owned Havilah Project in the Lachlan Fold Belt Copper-Gold Province of central New South Wales.
Golden Deeps CEO, Jon Dugdale, commented, “The intersection of sulphide mineralization in all three initial holes at Havilah, including thick zones of copper and zinc sulphide mineralization in HVD003, indicates we’re on top of a large porphyry-sulphide system with similar characteristics to other major copper-gold discoveries in the Lachlan Fold Belt such as Cadia-Ridgeway and the recent Boda-Kaiser discovery.
Diamond drillhole HVD003, which tested the extensive Hazelbrook copper soil and rockchip (>1% Cu) anomaly, intersected patches of semi-massive copper (chalcopyrite) and zinc (sphalerite) sulphides as well as vein and disseminated sulphides across an 80m zone in the targeted Sofala Volcanics.
The mineralized intersection in HVD003 included a 28m zone (from 85.8m) of more intense sulphide mineralization which produced high-grade portable XRF (pXRF) readings of up to 18.5% Cu and 34.8% Zn, averaging 0.5% Cu and 0.7% Zn.
Also, the mineralized intersection in HVD003 included a 28m zone (from 85.8m) of more intense sulphide mineralization which produced high-grade portable XRF (pXRF) readings of up to 18.5% Cu and 34.8% Zn, averaging 0.5% Cu and 0.7% Zn.
The diamond drilling programme continues with HVD004 testing the Hazelbrook anomaly 200m along strike to the northeast of HVD003, again under rockchip sample values of >1% Cu.
“We look forward to completing the remainder of our diamond drilling program and receiving the laboratory results from the holes completed, which will be released as soon as they come to hand and are compiled.” Added Mr. Dugdale.
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