Dome Gold Mines (ASX:DME) has made a copper discovery in Fiji in outcropping at the Wainivau Prospect which is the first discovery of its type in the district at surface.
The porphyry-style copper mineralisation in outcrop was found during fieldwork at Nadrau Porphyry Copper-Gold Project, located within the wholly-owned SPL1452 on Fiji’s main island of Viti Levu.
Follow-up geological mapping, rock chip geochemical sampling is continuing and will be followed by a geophysical (IP survey).
There had been historic drilling in the vicinity of the new discovery which found some low-grade copper. However, those holes appear to have missed the target.
Which sets up a future drill campaign with new targets.
Representing good prospects for the discovery of significant copper-gold mineralisation of Southwest Pacific Rim type. Dome is designing and estimating costs of an initial drilling program.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.