Maiden Programme Hunting ‘Cowal-style’ Gold-Base Metal Mineralisation
Kincora Copper Ltd (TSXV & ASX:KCC) has commenced drilling activities at the Fairholme Project, located in the Macquarie Arc of the Lachlan Fold Belt (LFB) in NSW, Australia.
First phase diamond drilling at the Gateway prospect of five holes for approximately 1,700m will follow up multiple shallow to moderate depth, broad width and high-grade gold-copper intervals from previous explorer drilling (including hole DR004: 123m @ 0.62g/t gold and 0.12% copper from 44m, with 4m @ 2.39g/t, 8m @ 1.07g/t and 5m @ 8.21g/t gold and 0.85% copper).
The Gateway prospect hosts a north-south trending 2km long by 300m wide gold-copper-zinc corridor (and open).
John Holliday, Technical Committee chair, and Peter Leaman, Senior VP of Exploration, said a programme of up to 6,000m of drilling including follow up diamond and air core programmes at the Gateway prospect, and air core drilling of other under explored known mineralised prospects is planned.
“The Fairholme Project hosts a number of prospects where favourable historical gold and copper-gold intersections have not adequately been followed up,” they stated.
“This is particularly significant in light of the considerable exploration success and resource growth at the neighbouring Cowal mine since the last phase of exploration at Fairholme. Initial diamond drilling has commenced at the Gateway prospect testing a 4oom strike within the wider prospective gold-base metals corridor following up previous broad and high-grade intervals.”
For further information please visit: http://www.kincoracopper.com
