Horseshoe Metals begins diamond drilling Horseshoe Lights project

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THE DRILL SERGEANT: Horseshoe Metals (ASX: HOR) has commenced diamond drilling on the company’s 100 per cent-owned Horseshoe Lights copper-gold project, located in the Peak Hill Mineral Field of Western Australia.

 

Horseshoe Metals projects location plan. Source: Company announcement

 

The drilling program has been designed to test for high-grade copper-gold zones down dip of the Main Zone beneath the existing open pit; and test a high priority volcanogenic-hosted massive sulphide (VHMS) exploration target located SE of the existing open pit.

Horseshoe indicated two diamond drill holes will be drilled to test for high grade copper-gold in a target zone down dip of the Main Zone, and will be collared on the west side of the existing open pit.

“These two drill holes are testing a zone approximately 100 metres down dip of historical copper intersections,” Horseshoe Metals sadi in its ASX announcement.

“As such they have the potential to significantly increase the company’s copper inventory and to greatly enhance our understanding of the deposit at depth.”

The drilling will also test the high-priority VHMS target beneath Chert Hill, initially with one 500 metre diamond drill hole.

The company said it would prepare each diamond drill hole to allow follow-up Down Hole Electromagnetic (DHEM) surveys to be undertaken.