Grade Potential Further Illustrated At NSW Project
Kincora Copper Ltd (TSXV:KCC) has received further positive assay results from ongoing drilling at the Trundle brownfields project located in the Macquarie Arc of the Lachlan Fold Belt in NSW, Australia.
John Holliday, Technical Committee chair, and Peter Leaman, Senior VP of Exploration, said ongoing drilling and relogging of core at the Trundle Park prospect are providing improved geological understanding and vectors for the at/near surface skarn potential and also the potential for a large related porphyry intrusion system.
“Recent drilling at both the Trundle Park and Mordialloc prospects have intersected significant intervals of mineralisation providing strong support of our exploration concepts and targets.
“Multiple and broad skarn horizons are being intersected at the Trundle Park prospect, at a scale much larger than was identified by prior exploration groups.
“Important advances have been made in the geological understanding of both prospects and in obtaining good vector information potentially directing towards the core higher grade areas at each.”
Assay results received for TRDD008 have returned two significant width and mineralised skarn zones:
- Surface zone: returned 87.7 metres @ 0.65 g/t gold and 0.19% copper from surface, including 16.4 metres @ 1.51 g/t gold and 0.19% copper from surface and 8 metres @ 1.63 g/t gold and 0.57% copper from 66 metres.
- Second zone: 27 metres @ 0.10 g/t gold and 0.07% copper from 305 metres, 5 metres @ 0.18 g/t gold and 0.02% copper from 379 metres and 19 metres @ 0.43 g/t gold and 0.21% copper from 388 metres, including 4 metres @ 0.94 g/t gold and 0.57% copper.
Trundle is the only brownfield porphyry project held by a listed junior in the Macquarie Arc, Australia’s foremost and gold rich copper porphyry belt.
It is located in the western section of the Northparkes intrusive complex, that hosts the second largest porphyry mine in Australia, with initial Kincora drilling taking place at targets 8.5km apart