Comet Resources Scores Further High Grade Drilling Results

THE DRILL SERGEANT: Comet Resources (ASX: CRL) announced further results from recent diamond drilling conducted at the company’s Springdale graphite project near Hopetoun in southern West Australia.

Comet Resources declared diamond drill hole HD022 had intersected up to:

16.95 metres at 16.55 per cent Total Graphitic Carbon (TGC) from 29.2m downhole, including 9m @ 26.88 per cent TGC from 30m.

The company said the drilling had encountered values up to 41 per cent TGC and that intends using the diamond drill core to provide bulk sample for upcoming priority metallurgical test work.

Comet said the results confirm excellent high-grade continuity of the North Zone graphite mineralisation.

“We have more, fantastic grades which confirm the continuity of our broad zones of high-grade graphite mineralisation in the fold-closure of the Northern Area,” Comet Resources CEO Philippa Leggat said in the company’s announcement to the Australian Securities Exchange.

“These results are pretty exciting when viewed in context of the electromagnetic survey data and the shallow, high-grade targets in the surrounding, fold closure.

“This drilling program is the first diamond drilling in the northern zone, assisting our understanding of the mineralisation, confirming the previous RC results and building towards a resource upgrade.”

The Resources Roadhouse interviewed Phillippa Leggat at the recent 2019 Brisbane Resources Round-up

Comet explained the recent diamond core drilling program has been designed to primarily provide bulk sample material for detailed metallurgical test work as well as provide geological, and structural information on the high-grade graphite mineralisation at the Northern and Western Resource areas.

Hole HD022 was completed on the western side of the North zone was targeted to both infill existing RC drilling on the section and to scissor earlier RC drill hole HR060.

The company considers Total Graphitic Carbon assays for both scissor holes at the intersection point to be very similar and confirm that there is good grade consistency between RC and diamond drill holes.