THE DRILL SERGEANT: Aeris Resources (ASX: AIS) is currently conducting an RC drill program at the Constellation deposit, located within the company’s 100 per cent-owned Tritton tenement package in New South Wales.
Aeris Resources is drilling to test the extents of shallow oxide and supergene copper mineralisation the company first identified from diamond drill hole TAKD002 that was reported to the market in December 2020.
The RC drilling has defined an oxide and supergene copper footprint approximately 150 metres along strike and 130m down plunge with mineralisation remaining open to the south.
To date, 52 RC drill holes have been completed to date, with assays received for 22 and assays pending on the remaining 30.
High-grade copper intersections from the recent assays include:
38 metres at 3.72 per cent copper, 0.36 grams per tonne gold, 3.1g/t silver from 8m;
47m at 3.9 per cent copper, 0.96g/t gold, 5.6g/t silver from 11m;
38m at 2.91 per cent copper, 0.47g/t gold, 1.8g/t silver from 44m; and
10m at 5.48 per cent copper, 0.83g/t gold, 3.7g/t silver from 40m, including 5m at 10.77 per cent copper, 1.56g/t gold, 6.8g/t silver from 45m.
Aeris has submitted two applications to the NSW Resources Regulator for an additional 40 RC holes in the adjoining two exploration tenements.
“The first round of assay results from the RC drilling have exceeded our expectations,” Aeris Resources executive chairman Andre Labuschagne said in the company’s ASX announcement.
“Intersecting high grade copper mineralisation within 10 metres from surface is remarkable.
“The footprint of this near-surface copper mineralisation is also larger than we expected and remains open along strike to the south.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE