Geopacific Resources encounters high copper numbers at Kou Sa

/in /by

THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) has returned strong copper hits from drilling being conducted on Prospect 150 at the company’s Kou Sa copper-gold project in Cambodia.

Prospect 150 is the most advanced area at Kou Sa and has now been drilled over a strike length of 500 metres and down dip for some 250m.

With its latest drilling at Prospect 150, Geopacific has been targeting a potential feeder zone that lies on the western margin of the known mineralisation.

RC holes were targeted to intercept the near surface expression of the zone.

The mineralisation encountered:
KRC145
17 metres at 12.38 per cent copper equivalent (Cueq) from 19m;

KRC148
5m at 2.28 per cent Cueq from 53m;

KRC144
9m at 1.81 per cent Cueq from 8m; and

KRC150
4m at 1.61 per cent Cueq from 69m.

The next diamond holes targeted deeper mineralisation, returning results of:

KDH132
4.6m at 4.76 per cent Cueq from 87m;

KDH142
5.3m at 3.52 per cent Cueq from 83.7m; and

KDH146
5m at 2.55 per cent Cueq from 9m.

“The results from these holes continue to confirm the high-grade nature of the central zone of Prospect 150 mineralisation,” Geopacific Resources managing director Ron Heeks said in the company’s announcement to the Australian Securities Excahnge.

“We’ve identified more near-surface copper and gold mineralisation, extending the zone further to the west – an excellent result which will enhance economics.

“We believe we’ve intercepted the top of the feeder zone that may have provided a pathway for the mineralisation forming the shallow dipping mineralisation lying to the east of Prospect 150.

“Understanding the source of this mineralisation will assist us identifying repetitions at depth and along strike”.

Geopacific has inidicated its strategy is to develop Kou Sa to generate revenue to support expansion.

By targeting a ‘kickstarter’, maiden resource and scoping study for Kou Sa, the company hopes to take the project into production, with ongoing exploration increasing the scale of the project, well beyond the initial resource.

Email: info@geopacific.com.au

Website: www.geopacific.com.au