Centaurus Metals Intersects More Shallow High-Grade Boi Novo Copper
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) reported further results from drilling undertaken at the company’s 100 per cent-owned Boi Novo copper-gold project in the Carajás Mineral Province of northern Brazil.
Centaurus Metals drilling has delivered encouraging results, expanding both the shallow breccia-hosted high-grade copper mineralisation and intersecting more zones of thick disseminated mineralisation.
Drilling at the Nelore West prospect, from which visual results were reported in October, has intersected a shallow breccia zone of stringer and semi-massive sulphide mineralisation which has returned the following assays, including:
BON-DD-24-016
24.2 metres at 0.76 per cent copper and 0.05ppm gold from 42.3m, including 9.1m at 1.55 per cent copper and 0.08ppm gold from 57.4m.
Drill-hole BON-DD 24-021 intersected an 80-metre-wide zone of disseminated copper-gold mineralisation.
Centaurus explained all prospects remain open along strike and down-dip, with multiple Down Hole Electro-Magnetics (DHEM), Fixed Loop Electro-Magnetics (FLEM) and Induced Polarisation (IP) targets still to be tested.
The company recently extended this maiden drill campaign by an additional 2,000m to at least the end of 2024.
“The Boi Novo project is continuing to emerge as an exciting copper gold discovery with two distinct mineralisation styles,” Centaurus Metals managing director Darren Gordon said in the company’s ASX announcement.
“Our in-house EM team generated multiple DHEM and FLEM conductor plates that resulted in the discovery of the high-grade breccia zone that was intersected in drill hole BON-DD-24-016.
“The sulphide mineralisation was dominated by pyrrhotite, so we were very pleased to see that the zone of stringer and semi-massive sulphides carried sufficient chalcopyrite to return 9.1m at 1.55 per cent copper and 0.08 grams per tonne gold.
“With each drill-hole the team is improving their understanding of the controls of both the high-grade breccia mineralisation and the broad bulk-tonnage disseminated mineralisation at Boi Novo.
“Importantly, we still have multiple DHEM and FLEM plates and IP targets to follow-up with the mineralisation remaining open both along strike and down-dip.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE