• A series of large porphyritic intrusions hosting copper-molybdenum and copper-molybdenum-gold mineralisation have been identified in the Rosevale Porphyry Corridor.
• The Corridor is reflected by a northwest trending structural feature that is hosting multiple porphyritic intrusions over a distance of 6km.
• Recent drilling at the Red Dog Prospect, within the Rosevale Porphyry Corridor, has identified near economic grades of molybdenum (up to 587ppm Mo) hosted by near surface monzonitic porphyry.
• Surface rock chip assay values of up to 8.56g/t gold were recovered from a monzonitic porphyry, approximately 1.5km to the south of Red Dog at Hillview East.
• Diatreme is focusing its Clermont exploration toward discovering potentially world class bulk Copper-Moly and Copper-Moly-Gold poyphyry deposits, which have affinities to Goonumbla and Cadia style of deposits and mineralisation.
DRX Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)