At last some news on THX Pyramid project in the North West.
Tucked away in THX Annual report released today was the following..
An RC drilling program commenced in late 2011 aimed at identifying the source of the EM anomaly. Drilling was in progress at the time of going to print and no samples had
been submitted for assay, but initial drill holes intersected zones of massive sulphide up to ten metres in thickness. The sulphides where predominantly pyrite and pyrrhotite, however minor chalcopyrite, sphalerite and galena have been observed. Hand-held XRF analysis verified
the presence of copper, zinc and lead.
Confirmation that the source of the EM anomaly is
massive sulphide mineralisation with minor base metals present is considered to be a very positive outcome at this stage of evaluation. VHMS deposits are commonly zoned, with the economic minerals confined to certain areas of the sulphide body. Whim Creek, 30 kilometres to the east, hosted in the same stratigraphy, enhancing the
potential for Pyramid to host economic base metal mineralisation. END
Very interesting reading and in true THX style tucked away in the middle of a big report.
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