daytrade diaries... november 4, page-31

  1. 7,117 Posts.
    ADN got the ann...... finally


    "DRILLING INTERSECTS SIGNIFICANT COPPER MINERALISATION
    AT ROVER 1 PROSPECT IN NORTHERN TERRITORY

    • A diamond drill hole (R1ARD30), currently in progress at the Rover 1 prospect on the
    company’s Rover Project in NT, has intersected a 46.5 metre mineralised interval
    containing significant visible copper sulphide.
    • The copper mineralisation is hosted by magnetite-haematite ironstone interpreted
    to be the extension, into Adelaide Resources tenement, of an ironstone body that
    hosts high grade copper and gold intersections reported by Westgold Resources
    Limited.
    • The concentration of copper sulphide in the mineralised interval varies and includes a
    number of zones of high sulphide content, separated by broader zones of lesser
    visible sulphide mineralisation.
    • R1ARD30 is drilling on in ironstone containing further copper sulphides. The
    hole will continue to test for the presence of further copper mineralisation and
    deeper high grade gold below the copper mineralisation already encountered."
 
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