Investigator Resources Upgrades Nankivel to Drill Target Status

THE DRILL SERGEANT: Investigator Resources (ASX: IVR) completed a review of drilling carried out in 2016 and an Induced Polarisation (IP) geophysical survey on the Nankivel copper-gold porphyry target.

The Nankivel target is located four kilometres southeast along a structural corridor from the company’s 33 million ounce Paris silver project in South Australia.

Investigator Resources has refined and upgraded the target following the assessment and IP work and is gearing up to conduct drilling to test Nankivel’s potential for porphyry copper-gold mineralisation.

Investigator drilled Nankivel in September 2016, from which results indicated a large porphyry copper system that the company’s geological team predicted as a potential deposit style adjacent to the Paris deposit.

The company explained the upcoming drill program at Nankivel is based on these and further results from three reverse circulation percussion (RCP) holes and the IP survey completed late in 2016.

“Careful comparison of the IP geophysics and drill results from November has enabled Investigator to confidently upgrade the undrilled copper-gold target at Nankivel,” Investigator Resources managing director John Anderson said in the company’s announcement to the Australian Securities Exchange.

“With such good potential for a new copper-gold deposit style in South Australia, Investigator is immediately returning to drill into and around IP targets in the undrilled central area.

“Four 300 metre inclined diamond drill holes are planned to investigate this large porphyry target.

“The first hole is scheduled to begin before the end of this month.

“The drilling will be partially funded by the balance of a PACE drilling grant from the South Australian government.”

Email: info@investres.com.au

Website: www.investres.com.au