Highlights.
Identification of a large gravity anomaly that is spatially associated with a magnetic anomaly, elevated copper-in- soils and rocks and is structurally controlled.
The gravity anomaly measures 1250m by 875m and +750m depth.
The K9 target area is one of 12 target zones within the
The Company has now completed and compiled all the geochemical and geophysical data through the K9 target area. The re-processing of the geophysical data has identified a large gravity anomaly which is spatially coincident with a magnetic anomaly, copper-in-soils and rocks, sitting in a fault structure, with mapped IOCG alteration. This anomaly now deemed a high-priority target, measures 1275 metres in length, 875 metres in width and extends to depths exceeding 750 metres. To the east, the anomaly extends beyond the limits various surveys and may be open in that direction.
In and around the anomaly, multiple copper showings and indications have been discovered in bedrock. Grab samples through the area range from anomalous to 1.76% Cu. Silver values in the grab samples range from trace up to 12 g/t with trace gold. Copper mineralization in the target area is composed of bornite, chalcocite and chalcopyrite. Surface alteration above the anomaly is strong, particularly in the area where the gravity anomaly is closest to the surface.
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