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Emmerson soars on reflect very extensive, high-grade copper our exploration programme and increases
mineralisation, with intervals of high-grade
our confidence that we are unlocking a
Hermitage hit gold and cobalt – all associated with iron- sizeable opportunity within our tenement
oxides of hematite and magnetite,” Emmer- package,” he said.
son managing director Rob Bills said.
“Whilst it is still early days, the metal Helix rapt with copper
zonation and mineralisation in drill hole
HERC003 displays increasing gold and sulphide result
copper grades with depth – the subject of
future diamond drilling. Although based Helix Resources Ltd has intersected vis-
on limited data, it appears that HERC003 ible copper sulphide mineralisation at the
intersected a subvertical, brecciated, high- Canbelego JV in New South Wales.
grade metal-rich feeder zone which has The hit is about 50m down-dip of a previ-
channelled and concentrated the copper ously reported high-grade intercept of 18m
and gold and remains open at depth.” @ 3.4% copper (including 14m @ 4.22%
copper).
A 12-15 hole RC drilling programme is un-
Drilling delivers deep der way to test for parallel lode positions to
result for Dacian the south-west. VTEM and soil geochem-
istry also indicates potential for new lodes
Dacian Gold Ltd believes a series of to the north-east, but with denser vegeta-
promising intersections below the Double- tion cover, further target definition work is
jay open pit at its Jupiter mining complex planned prior to clearing access for drilling.
could unlock a “sizeable opportunity” within Helix managing director Mike Rosenstre-
the company’s tenement package at the Mt ich said it was an encouraging start to the
Emmerson managing director Rob Bills Morgans operation. resumption of drilling at Canbelego, which
Significant intersections of 202.6m @ is subject to a JV with 30% owner Aeris Re-
Emmerson Resources Ltd shares surged 1.1 g/t gold from 479m (including 34.8m @ sources Ltd.
almost 200% after the company reported 2.2 g/t from 585m, 19.8m @ 1.6 g/t from “It’s still very early days but we are also
one of the best drill intersections ever re- 641.3m and 20.6m @ 1.5 g/t from 560.6m) very interested to test the concept of repeat
corded in the Tennant Creek mineral field and 2.8m @ 11.6 g/t from 428.2m were re- lodes which is typical for the ‘Cobar-style’
in the Northern Territory. ported last month. The company confirmed of copper deposits, which are often blind
RC drilling at the Hermitage prospect mineralisation now extends to a depth of at surface or have small footprints but can
struck 117m @ 3.38% copper from 75m 400m below the base of the open pit de- extend for up to several thousand metres
(including 7.26% copper and 2.69 g/t gold sign. vertically,” he said.
from 126m, including 3m @ 14.91 g/t gold This result continues recent success with
and 4.24% copper to end-of-hole) in early the drill bit as part of the Jupiter extension More zinc flows into
December. programme at Heffernans and Ganymede.
The drill hole was abandoned in miner- Extensional drilling is continuing at the Thalanga
alisation at 192m and is set to be continued former and Doublejay, with further assays
with a diamond tail at a time yet to be con- pending at the time of print. Red River Resources Ltd has reported
firmed. Dacian managing director Leigh Junk results from almost 8,000m of drilling at the
Another hole at Hermitage also intersect- said the result also confirmed broad min- Liontown project, near its existing zinc op-
ed 18m @ 1.4% copper and 0.23% cobalt eralisation in a third pipe within the syenite erations at Thalanga in North Queensland,
from 117m and 24m @ 4.2 g/t gold from intrusive system beneath the Jupiter com- including a hit of 68m @ 2.3% zinc equiva-
159m (including 3m @ 17.61 g/t gold and plex. lent at the Cougartown prospect.
0.46% bismuth from 162m). “This confirmation of considerable addi- Other intersections from Cougartown in-
“These results are some of the best seen tional mineralisation within our Jupiter com- clude 43m @ 1.6% zinc equivalent, 18m @
in the Tennant Creek mineral field as they plex is a fantastic result at this early stage in 1.6% zinc equivalent from 101m and 1.7%

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