Drilling has commenced at Red Fox’s Gipsy Creek Project
Red Fox Resources Pty Ltd (Red Fox) is pleased to announce that drilling has commenced on its Gipsy Creek Project (EPM 26872), 18km northeast of the Ernest Henry mine, Cloncurry district, northwest Queensland.
Gipsy Creek Project contains a major conductivity anomaly defined by a magneto-tellurics (MT) survey completed in 2017 by the Queensland Government. This survey identified a series of conductive “pipes” that showed very clear correlation with the known copper-gold deposits at the Ernest Henry and E1 mines, operated by Glencore.