Proactive Investors - Run By Investors For Investors

Minotaur Exploration wraps up copper-gold drilling at Catch Dam, South Australia

Minotaur Exploration wraps up copper-gold drilling at Catch Dam, South Australia

Minotaur Exploration (ASX: MEP) has completed a single 456 metre diamond drill hole testing the ‘Bella Vista’ IP anomaly at Catch Dam in South Australia.

A sequence of calc-silicates with disseminated and thin veinlets of pyrrhotite and pyrite was intersected, considered to adequately explain the IP high-amplitude chargeability anomaly targeted by the drill hole.

Geological logging of drill core supplemented by a hand-held XRF instrument indicated the presence of persistent but low levels of chalcopyrite and sphalerite.

Reliable gold analysis to meaningful detection limits is not possible with an XRF device, so conventional laboratory analysis is required to determine gold assays.

Drill core is presently being cut and submitted for geochemical analysis.

This drilling forms part of the Border Joint Venture, encompassing 4 tenements, between Sumitomo Metal Mining Oceania with 57.8%, and Minotaur with 42.2%.

Attention has now shifted to the old Mingary Mine on the Bonython Hill tenement, where three reverse circulation holes are underway to test the lode horizon for gold and base-metals mineralisation.


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.

View full MEP profile View Profile

Minotaur Exploration Ltd Timeline

Related Articles

Archer quantum computing technology
April 16 2019
As part of its advanced materials strategy, the company is progressing a graphite-to-graphene beneficiation strategy.
A gold nugget
April 01 2019
The Albury Heath project near Meekatharra now contains 35,479 ounces of gold.
August 08 2018
The company recently drilled 18 holes, totaling 2,437.5 metres in eight separate prospect areas at its Alvito Iron Oxide Copper-Gold (IOCG) project

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use