Sky Metals Intersects High-Grade Copper-Gold at Galwadgere

THE DRILL SERGEANT: Sky Metals (ASX: SKY) is conducting programs of RC percussion and diamond drilling at the company’s Galwadgere copper-gold project near Wellington in New South Wales.

Sky Metals is drilling to test the strike and depth extent of the Galwadgere copper-gold deposit.

Seven holes have been completed to date that have intersected what the company consider encouraging widths of copper sulphide mineralisation (chalcopyrite), pyrite, quartz veining and associated alteration.

Two zones of high-grade copper-gold mineralisation were intersected in GARC002 within a wide zone of copper-gold mineralisation, returning:

53 metres at 0.55 per cent copper, 0.75 grams per tonne gold from 142m, including 6m at 1.04 per cent copper, 2.15g/t gold from 142m and, 5m at 1.98 per cent copper, 3.91g/t gold from 183m.

“Results from drillhole GARC002 are considered both very exciting and extremely encouraging,” Sky Metals CEO Mark Arundell said in the company’s ASX announcement.

“The copper sulphide mineralisation and veining encountered in both the RC and diamond drillholes provides SKY with great confidence in the potential of the Galwadgere copper-gold project.

“Diamond and RC drilling at Galwadgere is part of the company’s aggressive exploration program focussed on drill testing high-potential targets.

“Currently, drill testing of high-quality gold targets at Hamilton (Cullarin project) and Caledonian is in progress.”