RMG 0.00% 0.7¢ rmg limited

Ann: Kamarga Copper Discovery , page-32

  1. 2,986 Posts.
    cashngrab, didn't you see the announcement on 7 Dec that started this thread? They mentioned that they hadn't been drilling for copper but released the following:

    Drilling
    RMG has not undertaken any drilling specifically aimed at the copper anomalies. However, in the pre-collar of one of the diamond drill holes targeting the JB zinc mineralisation, a significant zone of copper sulphide mineralisation was intersected.
    The diamond drill hole JB008 (location in Table 2) intersected a strongly veined and brecciated sequence of dolomitic siltstones with attendant chalcopyrite, bornite and chalcocite mineralisation (>500ppm Cu) over a down-hole width of 39 metres. This zone has been assayed and all copper intercepts are shown in Table 32. The geologic logging of the drill hole suggests that the copper mineralisation is related to the nearby Grunter Fault and that it is overprinting the zinc-lead mineralisation.
    Figure 4 shows the location of JB008, the Grunter rock chips and the outline of the Grunter soil anomaly. The JB008 drill hole is around 1,600 metres from the B1 copper prospect, and is indicating that the copper mineralisation is much more widespread and continuous than previously understood. Furthermore, the soil sample values indicate that the copper zone extends for a further 1,500m to the south-west from JB008.

    In the final summary they noted:

    RMG has undertaken significant work to develop several copper targets on the Kamarga tenement. This work has resulted in;
    ? A 9km long copper anomaly (Torpedo Copper Zone) in oxidised sandstone and conglomerates. Undrilled in the sulphide zone.
    ? A 7km long soil copper anomaly with rock chips to 32%Cu (Grunter Fault copper zone)
    ? Drill hole JB008 targeting the JB Zinc mineralisation has intersected 6m @ 1.1%Cu, 10g/t Ag in the Grunter Fault copper zone
    Further work is planned for the 2012 season to follow up these copper anomalies.
    The Company has an exclusive right to earn up to 100% of the Kamarga project from Teck Australia Pty Ltd (“Teck”) subject to certain back-in rights (see release dated March 18, 2011).
 
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