THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has been encouraged by recent drilling carried out at the One Tree Hill prospect, part of the company’s 100 per cent-owned West Musgrave project in Western Australia.
Cassini has completed its first hole (CZD0008) at the One Tree Hill prospect, which it has reported to have intersected copper mineralisation over short intervals within a broad alteration zone.
The company explained the hole targeted a number of surface and down hole EM anomalies that had not been fully tested by previous drilling.
Cassini said the mineralisation it has encountered is hosted by mafic granulites and Giles-age gabbronorites that are broadly analogous to host rocks of the project’s Succoth prospect, adding the alteration zone extends between 115 metres to 252 metres down hole.
“While mineralisation is quite narrow, the tenor of mineralisation and scale of alteration zones is a positive indication that the hole has drilled the periphery of a significant new mineralised system and highlights the prospectivity of the tenement package stretching now over 30 kilometres,” Cassini Resources said in its ASX announcement.
“Prospectivity of the One Tree Hill area is further augmented by the fact that most of the conductors targeted by CZD0008 were not detected by the historical surface EM surveys due to suboptimal orientation of the plates and masking cover sequence.”
The hole is currently being logged and sampled. Cassini indicated it anticipates assay results to be available in approximately 3 weeks.
A downhole EM survey will also be carried out at the completion of the program, which Cassini hopes will assist with further targeting.
A second hole (CZD0009) has commenced at One Tree Hill targeting a shallow, near surface EM conductor approximately 350m along strike from CZD0008.