Encounter hits new copper target
THE DRILL SERGEANT: Encounter Resources has identified a new large scale copper oxide position to the south of the BM1 prospect.
Broad spaced aircore drilling completed in October at the BM7 prospect has identified broad zones of copper/cobalt anomalism with a number of holes ending in mineralisation.
The BM1 and BM7 prospects are two of several prospects situated within the company’s 100 per cent-owned Yeneena project.
The Yeneena project covers 1300 square kilometres of the Paterson Province in Western Australia.
The targets Encounter has identified at Yeneena are located adjacent to major regional faults and have been located through electromagnetics, geochemistry and structural targeting.
Yeneena project leasing and targets areas. Source: Company announcement
The BM7 prospect is located 2.5 kilometres south of Encounter’s BM1 copper discovery and, according to the company, has extended the area of copper oxide mineralisation along the regionally extensive McKay fault to over 8km in strike.
“The eight kilometre long copper system includes the BM1 high grade copper discovery, the BM6 copper oxide position and the recent BM7 oxide discovery,” Encounter Resources said in its ASX nnouncement.
“Encounter controls a further eleven kilometres of strike along the McKay Fault to the south of the BM7 discovery.
“The location of the higher grade copper mineralisation along the McKay fault is coincident with the intersection of three identified north-east trending structures.”
The north-east trending structure at BM7, the Queen fault, is mineralised over 3.5km of strike and remains open along strike.
Encounter said the copper oxide mineralisation it has seen at BM7 is most extensive at the intersection of the Queen and McKay faults.
“At this location, the copper oxide anomalism in excess of 0.1 per cent copper extended over an area approximately one kilometre by 750 metres.
“It is also noted that the anomalism seen at this location often extends from the base of cover to the bottom of the aircore drill holes.”
Encounter has commenced a two hole diamond drilling program at BM7.
The first hole in this program tested a discrete electromagnetic conductor along the McKay fault in the north of BM7.
A zone of visible disseminated copper sulphide mineralisation was observed from a depth of 246m to 260m.
The company will now conduct a downhole EM survey to determine if the observed copper sulphides are associated with the modelled conductor.
The second diamond hole has commenced that the company anticipates to be completed within the next two weeks.