Copper Search Drilling High Priority Copper Prospects

THE DRILL SERGEANT: Copper Search (ASX: CUS) has kicked off a two-hole diamond core drilling program at the company’s Peake project in the Gawler Craton of South Australia.

Copper Search is undertaking the diamond core drilling with the aim to identify large-scale copper-gold deposits, targeting what it considers targets of similar scale potential to Prominent Hill and Carrapateena.

Drilling has commenced on the first target – the Paradise Dam prospect with a planned depth of 600 metres.

The second drill hole will test the Douglas Creek prospect, which the company has defined as being a large-scale shallow classic IOCG-style coincident ‘Magnetics and Gravity’ anomaly.

“I am delighted that drilling has commenced to test these quality large-scale copper prospects that could add significant shareholder value,” Copper Search CEO and exploration manager Duncan Chessell said in the company’s ASX announcement.

“The compelling drill targets have been developed from $2 million of geophysics data acquisition, $4 million of drill testing and iterative refining of the exploration model from our highly credentialled technical team from an original 40 geophysical anomalies over the last three years.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE