Coventry Resources Limited is an Australia-based company, which is engaged in mineral exploration. The Company holds interests in copper and gold exploration projects in Alaska, the United States. Its projects include Caribou Dome Copper Project and Uncle Sam Gold Project.
The Caribou Dome Copper Project is located approximately 250 kilometers northeast of Anchorage in Alaska, the United States. The Caribou Dome Copper Project consists of approximately 175 State Mining Claims covering approximately 22,240 acres.
The Caribou Dome Copper Project is accessible by road-the Denali Highway passes within approximately 20 kilometers. The Uncle Sam Project is located approximately 75 kilometers southeast of the City of Fairbanks in Alaska.
The Uncle Sam gold project is an intrusion related gold target hosted in a similar age of intrusive rocks, which host the Pogo Gold Mine in east central Alaska approximately 60 kilometers to the east of the Uncle Sam project.
Drill results are due at any time now.
EXPLORATION UPDATE:
Diamond drilling has commenced at the high grade Zackly Cu‐Au deposit in Alaska, with two drill rigs on‐site to drill approximately 3,000m of core in 25 holes:
One rig will drill NQ2 core to evaluate potential eastern and western extensions of known mineralisation in the Main Skarn.
The second rig will drill HQ3 cored holes to twin/infill approximately 12 of the historically drilled holes in the Main Skarn deposit. This will verify previous drilling results and allow a revised resource estimate to JORC 2012 standard.
Induced Polarisation (IP) surveys have been completed at Zackly and will be used to assist in planning drill holes to test the eastern and western extensions.
IP surveying has now commenced at the nearby Mars Cu‐Au target, to be followed by the Senator Cu target.
Detailed geological mapping and structural interpretation of outcrop and drill core at the high‐grade Caribou Dome Cu deposit is nearing completion and will assist in planning extensional drilling.
Environmental baseline planning to monitor surface and ground water at Caribou Dome and Zackly has commenced, along with a preliminary wetlands survey over the Zackly prospect.
Please DYOR as this is not a buy or sell recommendation
Cheers
GF
