RCP Newsflow Q1 and Q2
1. Assay results of 300 9m long sonic drill holes into the TSF.
2. Updated JORC to include the sonic holes results and also drilling that has not been previously included for example:
Significant Drill results from RC andDiamond drilling at Bluff Prospect Redbank Project, NT HIGHLIGHTS
• Drilling confirms broad Coppersulphide mineralisation within breccia pipe structures
• High grade sulphide Coppermineralisation shown to be continuous between drill sections
• Broad and deep Copper mineralisationwithin oxide zone tested
• Significant intercepts include:
• REDRC001 68m at 1.21% Cufrom 92m incl. 21m at 2.24% Cu from 97m
• REDRC003 12m at 1.39% Cufrom 108m
• REDRC004 56m at 1.21% Cufrom 0m incl 25m at 2.12% Cu from 15m
• REDRCD012 9.5m at 3.60%Cu from 162m
3. Target generation from analysis of mountains of historic data - here’s one example:
“Exploration undertaken during theDecember 2011 quarter included 1,062 metres of Reverse Circulation (“RC”)drilling on ERL94 (Charlie Prospect) and the Gulf JV (EL10335) MastertonProject (Figure 1).”
These results were not reported until 31 Jan 2014!!!
“Assays of up to 4.29% copper highlight developmentpotential of Redbank Copper Project in the NT HIGHLIGHTS
·Assays from historic but untested drill samples from the Charlie prospect atRedbank Copper Project in the NT return several high‐ grade results oversignificant widths.
·Results reveal broad zones of oxide and transitional copper mineralisation.
Results include:
11BCRC03 20m at1.03% Cu from 45m11BCRC03 19mat 1.17% Cu from 67m
11BCRC06 27m at 1.58% Cu from 3m
11BCRC05 26mat 1.00% Cu from 21m11BCRC06 9m at 2.48%”
4. Soil sampling results of 200sqkm - A decent amount of this was over the Charlie prospect……….
5. Re assay results from the South Australian prospect DDH core that IMEX did
6. Assay results of 25,000metres of historic drillcore that has been re-assayed and some has been sent back a third time to check the results. Potentially this may be fire assay due to initial findings. Its my understanding that all this core was not assayed the first time over the last 50 plus years for 61 elements and therefore now that RCP is doing that it helps to generate targets due to it identifying metal zonation within andhaloes surrounding mineralization.
7. Update on the Sandy Flat Restoration project
This is massive and needs its own post,suffice to say its an absolute game changer for RCP. It has the very real possibilityof funding exploration moving forward from revenue from this project. When you punchthe numbers they alone are astonishing let alone finding crap loads ofcopper!!!
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