Good drill results out of Peru (Cerro de Fierro) for AQD who are spending S32 money on some exploration.
Key Points:
• 15-hole/5,048m RC drill program successfully completed.
• Encouraging widths and grades of copper returned in assays from first 7 holes.
• Best intercepts of 30m at 0.5% Cu and 5.6g/t Ag from surface and 28m at 0.57% Cu
and 9g/t Ag from 44m.
• Results indicate the potential for an extensive, flat-lying sheet of copper oxide
mineralisation at depths of less than 50m.
• Assays for the remaining 8 holes expected in April 2021.
• Presence of strong argillic alteration also highlights the possibility of nearby
porphyry copper mineralisation.
Chart could make a move now, page-68
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