Encounter hits strong copper at BM7
THE DRILL SERGEANT: Encounter Resources (ASX:ENR) has received encouraging results from drilling recently carried out at the BM7 prospect within the company’s Yeneena project in the Paterson Province of Western Australia.
According to Encounter the assay results from the diamond drilling program have provided more evidence of the discovery of a large scale copper-cobalt system at BM7.
Broad zones of disseminated sulphide mineralisation in excess of 250m thick and narrow zones of high grade copper mineralisation have been intersected.
Results from the latest batch of assays from diamond drilling include:
– 279 metres at 0.1 per cent copper and 100 patrs per million cobalt from 172 metres, including 23 metres at 0.31 per cent copper and 170ppm cobalt and 6 metres at 0.7 per cent copper and 435ppm cobalt; and
– 73m at 0.4 per cent copper and 100ppm cobalt from 74m, including 8m at 1.0 per cent copper and 120ppm cobalt and 0.9m at 4.9 per cent copper and 350ppm cobalt.
Encounter announced the initial discovery of copper-cobalt mineralisation at the BM7 prospect in June.
BM7 is located three kilometres south of the initial copper discovery at the Yeneena project located at the BM1 prospect (grades up to 10m at 6.8 per cent copper).
The copper mineralisation in one of the drill holes included an intersection up to 0.9m at 4.9 per cent copper.
Encounter considers this has demonstrated the potential for high-grade copper within the large mineral system at BM7.
The company said the scale potential of the prospect has already been established with broad thicknesses of lower grade copper mineralisation intersected over a large area.
BM7 prospect drill status plan. Source: Company announcement
Since the initial copper discovery at BM7, copper mineralisation has been intersected in the majority of drill holes Encounter has subsequently completed within the geophysical anomaly (conductivity low) adjacent to the McKay Fault over an area approximately 800m by one kilometre.
“We are still drilling on a broad spacing (200m by 200m) within a very large copper mineral system at BM7 and hitting copper in most drill holes,” Encounter Resources managing director Will Robinson said in the company’s announcement to the Australian Securities Exchange.
“It is expected that the copper mineralisation at BM7 extends further south given that there are intersections grading between 0.5 per cent and 2.9 per cent copper within 100 metres of the boundary of the new tenement.”
Encounter has a track mounted aircore rig scheduled to re-commence the drill program at BM7 in early October.
The program will initially drill a 400 by 200 pattern and then infill within the areas of stronger copper mineralisation.
The aircore rig will be used for a first pass assessment with deeper RC or diamond drilling to follow pending positive results.