THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has commenced diamond drilling at the company’s 100 per cent-owned Lamil copper-gold project in the Paterson Province of Western Australia.
Encounter Resources completed aeromagnetic and Induced Polarisation (IP) surveys at Lamil in the second half of 2019 that enhanced the company’s geological and structural interpretation of the project area as well as providing compelling new drill targets.
The company also carried out a review of prior gold drilling geochemistry, from which it identified a new drill target – the Gap prospect – with a clear copper-gold-bismuth proximal signature and vector to potentially stronger mineralisation.
The program of up to four diamond drill holes will test multiple IP chargeability anomalies identified in the 2019 survey adjacent to broad zones of copper-gold mineralisation intersected in shallow historical drilling, and the open, broad zone of gold-copper mineralisation at the Gap prospect.
The Lamil project is located near the major gold-copper mine at Telfer, owned by Newcrest.
Shallow drilling 1980s by earlier owner Newmont, targeted a series of magnetic anomalies, and intersected thick zones of strong copper-gold anomalism.
Encounter believes these results have gained some significance thanks to the recent Winu copper-gold discovery made by Rio Tinto and the Havieron gold-copper project operated by Newcrest and Greatland Gold.
Encounter relogged drill core from five holes drilled at Lamil by Newmont that demonstrated zones of pervasive alteration, extensive pyrrhotite development and copper-bearing sulphide from within 50m of surface.
“Recent exploration success has proven the potential of the Paterson Province to host giant copper-gold deposits,” Encounter Resources managing director Will Robinson said in the company’s announcement to the Australian Securities Exchange.
“Lamil has structural context, a proven deposit model and clear targets where shallow historical drilling intersected broad zones of copper-gold anomalism strengthening to bottom of hole.
“This initial program will test three large scale copper-gold prospects in the fertile Paterson Province.”