THE DRILL SERGEANT: Eagle Mountain Mining (ASX: EM2) was keen to report its latest drilling results from the company’s 80 per cent-owned Oracle Ridge mine project in Arizona, USA.
Eagle Mountain Mining declared the latest results to be the highest grades to be ever recorded at the project, including:
12.7 metres at 3.96 per cent copper, 49.1 grams per tonne silver and 1.4g/t gold from 363.1m, including 8.7m at 5.2 per cent copper, 66.7g/t silver and 1.98 g/t gold;
34.4 per cent copper, 367g/t silver and 26.2g/t gold over 0.4m in massive chalcopyrite zone, the highest-grade assay ever recorded at Oracle Ridge.
14m at 2.1 per cent copper and 22.6g/t silver from 275m, including 7.7m at 3.16 per cent copper and 31.4g/t silver;
24.2m overall mineralised intercept grading 1.38 per cent copper and 14.8g/t silver.
“WT-21-06 followed up the discovery of a high-grade breccia zone in hole WT-20-10 and delivered one of the best intersections recorded at Oracle Ridge, including the highest-grade copper, gold and silver assays ever recorded,” Eagle Mountain Mining CEO Tim Mason said in the company’s ASX announcement.
“We are thrilled by the outstanding grades but also extremely pleased by the thickness of the mineralised zone at the Leatherwood contact.
“Drilling is ongoing in the vicinity of WT-21-06 to assess further extensions to this new zone.
The intersection in holes WT-21-06 and WT-21-04 confirms the potential of the Leatherwood contact to deliver substantial additional resources at Oracle Ridge.
“While drilling continues, we are expediting earthworks to obtain access to new drill pads, particularly in the southern area where strongly mineralised holes drilled in the 1970s have never been followed up.”