Field Activities To Commence At Hasties Prospect And Westin Prospect
Rincon Resources Limited (ASX:RCR) is preparing to commence its maiden 5,000m Phase 1 RC drilling at the Hasties Prospect in Paterson Province of Western Australia.
The Hasties Prospect is located within the South Telfer Gold-Copper Project,12km south of the 32Moz Telfer Gold Mine.
The programme is targeting Telfer (reef/stockwork) and Havieron (breccia) style mineralisation, aims to achieve the following initial outcomes:
- Extensional drilling to test an interpreted south-eastern plunge to existing mineralisation;
- To validate zones of gold and copper mineralisation from historic drilling; and
- Collection of suitable material for preliminary metallurgical test work.
Rincon CEO, Gary Harvey, said results and technical information collected from Phase 1 will primarily be used to lay the groundwork for a maiden mineral resource estimation. Extensional drilling will aim to expand the size and scale of the mineralised system at Hasties Prospect.
Phase 1 drilling is expected to take three to four weeks with a further four to five weeks post drilling for the receipt of assays.
“We’re entering an exciting period with our maiden 5,000m RC programme at the South Telfer Gold- Copper Project, due to commence in a matter of weeks,” Mr Harvey said.
“Preliminary interpretation of the recently completed GAIP survey has highlighted multiple new targets at the Hasties Prospect as well as identifying an exciting deeper target below the existing drilled mineralised zone. We are aiming to drill test these new targets upon completion of the maiden RC programme.
“Soil sampling at the Westin Prospect is also due to commence which, in conjunction with the recently completed VTEM will enhance our target generation work in these highly prospective tenements.”
Data from the recent Gradient Array Induced Polarisation (GAIP) geophysical survey over the main Hasties Prospect has now been processed and interpreted by geophysical consultants, Resource Potentials.
High-resolution aeromagnetic survey data was also re-processed, imaged and modelled in 3D for estimating source body locations at depth. When compared to historical drilling by Newcrest Mining (Newcrest), the source of the Hasties magnetic anomaly is now interpreted to represent a folded dolerite sill at about 300m depth, forming the core of an anticline bounded by a major north-west trending shear to the north.
Chargeability and resistivity anomaly trends in the GAIP data have been interpreted to be caused by shale and siltstone beds within the Lamil Group meta-sedimentary host rocks, highlighting limbs of a tight anticlinal fold at Hasties.
For further information please visit: https://www.rinconresources.com.au/