ACDC Metals Confirms Strandline Discovery at Watchem North Project

THE DRILL SERGEANT: ACDC Metals (ASX: ADC) confirm the discovery of new strandline mineralisation at the company’s Watchem North heavy mineral sand project in Victoria.

ACDC Metals reported assay results from a follow-up drilling program completed at the Watchem North heavy mineral sand project during May 2024, the results of which confirmed the discovery of a new 1.5 kilometres-long strandline at shallow depth of between 10 and 25 metres.

Results from the recent drilling program include:

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6 metres at 2.8 per cent heavy minerals (HM) from 15m, including 3m at 4.4 per cent HM from 15m;

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9m at 3.23 per cent HM from 10.5m, including 4.5m at 5.26 per cent HM from 13.5m; and

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28.5m at 1.06 per cent HM from 9m, including 1.5m at 7.94 per cent HM from 18m.

“Our 2024 drilling campaign keeps delivering new discoveries across our project portfolio, and these assays from our Watchem North project are no exception,” ACDC Metals CEO Tom Davidson said in the company’s ASX announcement.

“Results confirm new strandline style mineralisation.

“This is an important development for the project which in a region (sic) that has seen prior mining by Iluka Resources.”

Elsewhere in its portfolio, ACDC Metals has engaged Snowden Optiro to complete a mineral resource estimate (MRE) update for the company’s Goschen Central project (EL5278).

The MRE update will incorporate aircore drilling that was completed in January 2024, with assays released to the market in March 2024.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE