Ann: Brumby Ridge Fault enhances prospectivity of Mt Isa Project, page-25

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Rachsher

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20/05/24

21:58

Post #: 73923140
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Originally posted by FLYCAT1967: ↑

Assay Results: The receipt of assay results for the four diamond holes and five RC drill holes is promising. The consistency of these results with the previously reported visual sulphides from April 8, 2024, reinforces the reliability of initial observations.

Drill Hole Findings: The new RC drill holes, particularly 24MERC003, intersecting significant mineralisation (58m @ 0.53% Cu and 0.02 g/t Au, including 3m @ 4.14% Cu and 0.08 g/t Au) suggest substantial copper and gold deposits. These results, alongside the impressive findings from 23MERC028 (71m @ 2.8% Cu), highlight the potential for high-grade zones.

Vein System: The identification of a NNW trending Cu-Au mineralised vein system over approximately 400m, with only 120m drill tested, indicates considerable unexplored potential. The presence of this vein system suggests a significant mineralisation trend that warrants further exploration.Mineralised Fault-Controlled Breccia Zones (MFBZ): The crosscutting narrow MFBZs, contributing to bonanza grades in previous RC holes, suggest these structures are key to understanding and targeting high-grade mineralisation zones. Their role as potential feeder veins to the NNW trending Cu-Au veins underscores the complexity and fertility of the region.

Fertile Structure: Confirming the Brumby Fault as a fertile structure for Cu-Au mineralisation is crucial. It indicates that this fault zone could be a primary conduit for mineralising fluids, thereby focusing exploration efforts on this and similar structures in the region. IMO overall, the announcement is highly encouraging, indicating both immediate high-grade potential and long-term exploration opportunities at the Mt Isa East Cu-Au Project.

The detailed assay results and geological insights bolster confidence in the project's viability and underscore the importance of continued, targeted exploration in this area. Was a good buying opportunity from the confused investors today...

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CPM Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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Ann: Brumby Ridge Fault enhances prospectivity of Mt Isa Project, page-25

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Ann: Brumby Ridge Fault enhances prospectivity of Mt Isa Project, page-25

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