Altona makes Little Eva sing

OUT AND ABOUT: There was plenty of action around the booth of copper exploration play Altona Mining today following its announcement of further decent drilling results from its100% owned Roseby copper project near Mt Isa in Queensland.

The results came from an ongoing RC drilling program at Roseby and come on the heels of a major increase in the size of the Little Eva Resource at the end of July.

The declared resource for the Little Eva deposit is 74.7 million tonnes at a grade of 0.52% copper and 0.1g/t gold for 388,000 tonnes of contained copper and 205,000 ounces of contained gold.

Altona has now completed some 11,000 metres, from 53 holes, of the drilling program.

The company is conducting the drilling with the aim of completely delimiting the Little Eva Resource to around 250 metres to 300 metres, which is the likely depth limit of open pit mining.

Further excellent thick drill intersections from 36 drill holes were returned, with highlights including:

270 metres at 0.54% copper, 0.10grams per tonne gold from 0m;

225m at 0.64% copper, 0.12g/t gold from 0m;

121m at 0.56% copper, 0.03g/t gold from 137m;

55m at 0.64% copper, 0.06g/t gold from 40m;

63m at 0.54% copper, 0.06g/t gold from 128m;

42m at 0.59% copper, 0.03g/t gold from 68m; and

34m at 0.71% copper, 0.09g/t gold from 157m.

These latest drill holes were not included in the recent resource upgrade.

They were mainly targeted at defining the low-grade extensions of the deposit to the south-east and at higher grade extensions along the current western boundary of the deposit.

Altona said that it expects a further upgrade to the Little Eva resource will follow in coming months.