TYC tethyan copper company limited

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  1. 22,691 Posts.
    re: + + extensive copper-gold mineralisation inter
    http://stocknessmonster.com/news-item?T=LUnLd7E1_o2nhio2q_7wNC&E=ASX&S=TYC&N=258168

    Extract:

    EXPLORATION PROGRAM ACCELERATING
    With the IP survey crew and equipment now on site, the third leg of TCC’s ambitious exploration
    strategy – a major regional IP Survey – is about to commence.

    This will take six to nine months to complete, and will cover approximately 4,000 square kilometres of the Tethyan Magmatic Arc controlled by TCC.

    Results will be generated and released at regular intervals throughout the Survey.
    Mr Moore said the survey was designed to identify giant supergene-enriched copper deposits of the
    Escondida type.

    “The IP Survey will employ advanced processing technology developed for the discovery of such
    deposit types in Chile, and represents the first use of such technology in Pakistan,” Mr Moore said.

    “The area to be surveyed is almost completely unexplored and largely covered by a shallow layer of
    alluvial gravel.”

    A test IP Survey just completed over the known supergene-enriched mineralisation at the H4
    Project was very successful, producing an exceptionally well-defined anomaly with both the top and
    bottom of the blanket-like ore body clearly visible.

    The other leg of TCC’s exploration strategy, exploration and resource drilling within the Reko Diq Complex itself, is gathering momentum, with the arrival at site last week of a second drill rig, which has already commenced operations.

    The third drill rig has arrived in Karachi and is clearing
    customs.

    Info on TYC:
    http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=85874#231156

    Gerry
 
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