Enterprise Metals Ltd (ASX: ENT) plans a series of Reverse...

Enterprise Metals Ltd (ASX: ENT) plans a series of Reverse Circulation (RC) drill holes to test a number of gold and copper/gold targets at the Revere Project, 90 km NE of Meekatharra in Western Australia.

The company's immediate neighbour Sandfire Resources Limited (ASX: SFR) has had considerable success at its Degrussa Prospect, which may support Enterprise’s view that large gold and/or copper gold systems may occur within this highly prospective belt of sediments.

Gold has been recovered in substantial quantities by metal detecting prospectors from nugget patches and small quartz reefs throughout the Company’s tenements since the late 1980’s.

The Revere Project tenements are located approximately 90 km NE of Meekatharra in Western Australia within the Glengarry Basin and cover Palaeoproterozoic rocks affected by the Capricorn Orogen. The primary target sought by Enterprise is one or more large sulphide associated gold and/or copper gold stockwork systems.

The recent realization by Enterprise and others that these small oxide gold prospects may represent the surface expression of larger, deeply weathered and leached sulphide gold and /or copper/gold systems has led to a fundamental reappraisal of the prospectivity of the Glengarry Basin, and in particular the geophysical techniques required to find these sulphide rich systems.

It is now Enterprise’s intention to drill test the recently identified IP anomalies with 3,000 metres of RC drilling, spread over 12 drill holes of approximately 250 metres each.