Errawarra Resources Ltd Announces Copper Sulphide Mineralised Zones Identified
project. Due to challenging topography a large Fixed Loop array was selected rather than a Moving Loop array. Fixed loops 1 and 2 were designed to verify and better define a strong airborne electromagnetic VTEM anomaly and a weaker one to the north of the tenement. Based on the results of these surveys several conductors were detected and modelled by Newexco Exploration as Category 1 and Category 2 plates that warranted drill testing. Several drill hole collar locations were proposed with three sites finally being confirmed after taking into consideration the steep topography and the difficulty in constructing drill pads. An archaeological heritage survey was completed in late January to allow the construction of drill pads and access tracks. No heritage sites were uncovered, and all three proposed sites were prepared for the track mounted rig. Drilling commenced on February 1st targeting a moderate conductance plate representing Target B. Hole 23EWDD001 was collared drilling from north to south in order to intersect the Target B modelled plate conductor, which was subsequently intersected from 141.3m to 151.5m. The mineralisation observed consisted of magnetite, pyrrhotite, pyrite and chalcopyrite in a pyroxenite host rock. Textures observed were disseminated to heavily disseminated sulphides and stringers of pyrrhotite, pyrite and chalcopyrite associated with a magnetite envelope. Weakly disseminated iron sulphides and thin pods of massive pyrrhotite were noted from188.5m to 199.3m with stringers of chalcopyrite. The visual presence of copper
mineralisation was confirmed using a handheld Olympus Pxrf analyser. Drillhole 23EWDD002 targeted a weak shallow dipping conductor measuring 145m x 70m with a conductance of 125 Siemens. At target depth of 138m massive to semi-massive magnetite associated with chlorite was intersected over approximately 54m until end of hole at 192m. While the intersection was impressive as regards magnetite-chlorite alteration, no significant sulphides were observed, and the immediate target was effectively tested. Further work is warranted to review the surface FLEM surveys to determine if there are other targets deeper or lateral to this body that may host sulphides.