Highlights
Copper Strike is pleased to announce results of recent drilling from the Chloe, Jackson and Kaiser Bill prospects near Einasleigh, north Queensland, with further results due.
• At Chloe, results were received from two deep infill holes and one shallow extension hole:
CH047 - 16m at 5.5% zinc, 1.7% lead and 49 g/t Ag from 258.4m
CH048 - 10m at 6.3% zinc, 2.6% lead and 56 g/t Ag from 254.0m
CH050 - 7m at 5.2% zinc, 2.8% lead and 49 g/t Ag from 37m.
Calculation of an Inferred resource at Chloe will begin shortly.
• Drill hole JA003 at Jackson has extended shallow mineralisation down-dip. It intersected:
JA003 - 5m at 5.6% zinc, 4.0% lead and 113 g/t Ag from 138m
• An 11 hole program designed to upgrade the deeper part of the Inferred Resource to an Indicated Resource was completed at Kaiser Bill. The intersections confirm an increase in grade in the deeper, western part of the deposit. Highlights of this program include:
KBRC096 - 21m at 0.94% copper, 0.20g/t gold & 3g/t Ag from 155m &
- 23m at 1.03% copper, 0.28g/t gold & 4g/t Ag from 180m
KBRC097 - 5m at 1.29% copper, 0.18g/t gold & 17g/t Ag from 104m &
- 12m at 1.30% copper, 0.26g/t gold & 6g/t Ag from 134m &
- 29m at 0.86% copper, 0.17g/t gold & 5g/t Ag from 153m
KBRC098 - 14m at 3.21% copper, 0.17g/t gold & 29g/t Ag from 187m
KBRC099 - 19m at 1.41% copper, 0.39g/t gold & 8g/t Ag from 216m.
• A programme to drill two further deep holes at Chloe and follow up holes at Jackson and Young, is scheduled to commence early July, as is the regional programme to test the 11 geophysical anomalies identified in last year’s helicopter electromagnetic survey.
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