Rox intersects massive copper sulphides at Bonya
THE DRILL SERGEANT: Rox Resources (ASX: RXL) has encountered visible massive copper sulphide mineralisation whilst undertaking reverse circulation (RC) drilling at the company’s Bonya project, located 350 kilometres east of Alice Springs in the Northern Territory.
The drilling targeted three electromagnetic anomalies Rox had defined earlier this year, and at the Bonya mine.
The best results achieved came from the Bonya Mine prospect the drilling intersected a massive copper sulphide mineralised body in three drill holes from near surface to a depth of approximately 100 metres.
Rox said this body remains open at depth and that its true width appears to vary in thickness from 6 to 18m.
Drilling at EM Anomalies 03 and 04 also intersected visible copper sulphide mineralisation over narrow widths, while drilling at EM Anomaly 05 intersected abundant pyrite and explained the EM anomaly.
RC chips of massive copper sulphide mineralisation from hole BYRC009. Source: Company announcement
Results using a portable XRF analyser indicate grades exceeding 3 per cent copper over downhole widths from 6 to 24m with peak copper portable XRF analyses returning up to 13 per cent copper.
Rox stressed, however, the portable XRF analyser does only provide guidance to expected results and should not at this stage of proceedings be regarded as a substitute for properly conducted laboratory sample preparation and analyses.
To that end, samples have been sent to the assay laboratory and Rox anticipates results within 2 to 3 weeks.
“These initial drilling results from Bonya are very encouraging, establishing that copper sulphide mineralisation is present in massive form below the old workings at Bonya and also present elsewhere over narrower widths,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.
“We look forward to receiving the full assays and determining the next drilling program for the project.”
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Website: www.roxresources.com.au