sorry i hit go to early...posability of a new system entirely exisits here!!!
area of known gold mineralisation now increased to a strike length in excess of 800m anomalous copper intersected associated with gold throughout the hole
NEV029 was drilled at the south-western extent of Nevera, approximately 400m southwest of the existing resource boundary and 200m southwest of NEV028. The hole intersected anomalous gold mineralisation throughout its entire length, with multiple zones of +0.25 g/t Au intersected, the best intercept being 4m @ 0.71 g/t Au from 150m. A complete set of intercepts is included in Table 1.
NEV029 intersected wide zones of gold grading above 0.25 g/t Au and copper mineralisation compared to NEV028. This indicates that either: a different mineralising system has been encountered, or; the mineralisation at Nevera continues past NEV028, and that NEV028 was drilled in an area that was either faulted away or disrupted by a diatreme.
Besides the anomalous gold mineralisation, NEV029 intersected anomalous copper mineralisation, with individual 2m samples assaying at over 0.20%, which is associated with the gold. Base metals such as lead and zinc, which were prevalent in many of the other holes at Nevera, are markedly lower in NEV029.
There were nine, 2 metre copper intersections grading above 0.15% Cu. The copper mineralisation also occurs throughout the hole, but does seem to become more persistent with depth.
Previous exploration to the west of NEV029 has demonstrated copper anomalism.
The company plans to further explore to the west of NEV029 at a later date to test the copper potential.
GOA Price at posting:
1.6¢ Sentiment: LT Buy Disclosure: Held