Minotaur Exploration’s (ASX: MEP) inaugural drill campaign at the Osborne Project in Queensland has intersected 0.45 metres at 0.59% copper and 0.22 grams per tonne gold from 210 metres.
Notably, the chalcopyrite mineralisation at Osprey occurs within structurally controlled quartz and calcite veins of very similar character to known mineralisation at Inova Resources’ (ASX: IVA) nearby Kulthor Mine.
This supports the geological interpretation of a southern extension to the Kulthor system.
Single diamond drillholes have been completed at the Brolga and Wedgetail targets. Drillcore samples have been submitted for geochemical analysis and a detailed report will be issued once assays are to hand.
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.