ASN 1.33% 7.4¢ anson resources limited

Ann: Mapping Confirms Interpreted Intrusive Complex at The Bull, page-3

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    Mapping Confirms Interpreted Intrusive Complex at The Bull
    Highlights:
    • Mapping of the Target 1 anomaly confirms Intrusive Complex interpretation:
    o Mafic and ultramafic samples located within the area interpreted in the 3D model
    o Target 1 believed to be part of a larger prospective mafic/ultramafic intrusive
    complex
    o Visible sulphides in rock chip samples taken from Target 1 area
    o Geochemical samples confirm anomalous mineralisation
    • The Bull is modelled as a 1,400m long x 500m wide x 500m deep chonolith body, with
    favourable geometry for hosting large-scale magmatic sulphide deposits
    • Fixed Loop Electromagnetic (FLEM) currently underway to identify EM bedrock
    conductor plates which could be the response of massive sulphide mineralisation
    • The Bull is in the same geological terrane and approximately 20km south of Chalice’s
    (ASX: CHN) Julimar Ni-Cu-PGE discovery
    Anson Resources Limited (ASX: ASN, ASNOC) (Anson or the Company) is pleased to advise that
    recently completed geological mapping and a geochemical sampling program has confirmed the
    geophysical interpretation of an intrusive complex at the Company’s 100% owned The Bull Project
    in Western Australia (see ASX Announcement 4 November 2020). The location of the samples
    collected are shown in Figure 1.
    The confirmation of the mafic-ultramafic intrusive complex is significant as it determines that The
    Bull has a similar geological terrane as Chalice Gold Mines Limited’s (ASX: CHN) Julimar Ni-Cu
 
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