The new result from Diamond (DD) drill hole CRP0029D recorded a 649m intersection grading 0.4% copper and 0.1g/t gold from 330m depth down-hole, which included a 440m wide zone grading 0.5% copper and 0.2g/t gold.
The 649m intersection is
Importantly, CRP0029D ended in mineralised porphyry and has confirmed a significant 70m extension of significant mineralisation along the northern contact of the largest porphyry discovered to date at Cortadera -Cuerpo 3.
Given the northern contact of Cuerpo 3 is approximately 200m in width and still remains open, the extensional result is considered a very significant addition to the continued growth of the Cortadera discovery.
CRP0029D is the first of eight diamond holes planned to expand the size of the existing discovery, a key focus for
Commencement of 2020 Drilling Campaign at Cortadera
The Company's 2020 drilling campaign at Cortadera kicked-off a fortnight ago with the commencement of platform and access clearing activities, following regulatory approval late last year for access to construct a further 39 new drill platforms.
Two drill rigs are set to commence in the coming days with drilling to be focussed across two key areas of growth at Cortadera
Continued expansion of the existing Cortadera discovery in both size and grade
Double-shift DD drilling activities will continue across large extents of Cuerpo 3 and Cuerpo 2 (the two largest porphyries discovered) which remain open.
First drill testing of two large growth targets adjacent to Cortadera
Reverse Circulation (RC) drilling will test the Cuerpo 3 North target which lies 500m north of Cuerpo 3 before completing first-pass scout drilling across the 1.5km long Cortadera North target, located 2km north of the Cortadera discovery. Additional shallow RC drilling is also scheduled across the shallow high grade chalcocite zones at Cortadera, following on from positive initial results released late last year
The Director's of
Contact:
Tel: +61 8 9315 9009
Email: christian@hotchili.net.au
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