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Silver City Minerals’ surveys reveal more targets at Copper Blow project

Two distinctive coincident gravity-magnetic targets defined.

old mine workings at Copper Blow project
Downhole electromagnetic surveys are ongoing

Silver City Minerals Ltd’s (ASX:SCI) geophysical surveys have located three new targets along strike from its Copper Blow project located 20 kilometres south of Broken Hill in New South Wales.

This magnetic horizon extends three kilometres to the northwest of the main Copper Blow prospect and a further three kilometres to the west.

The survey results indicate that the Copper Blow mineralisation has a distinctive geophysical signature consisting of coincident magnetic, gravity and moving loop electromagnetic anomalies.

Interestingly, the sulphide mineralisation encountered in past drilling (chalcopyrite, pyrite and pyrrhotite) are interpreted to be the source of the conductor recognised in the survey.

To the northeast of Copper Blow is a discrete northeast-trending gravity ridge between 100 and 150 metres wide which is strongly coincident with the linear magnetic anomaly.

Critically, two distinctive coincident gravity-magnetic anomalies define targets for Silver City’s follow up drill testing.

A fixed loop electromagnetic survey will be conducted in order to clarify the likely source of the conductor recognised in the survey prior to possible drill testing.

Meanwhile, downhole electromagnetic surveys are ongoing at Copper Blow to determine the presence of off-hole conductors indicative of copper mineralisation.

READ NEXT: Silver City Minerals assays further high-grade copper, gold and cobalt

Last week, the company received more high-grade copper, gold and cobalt assay results from its recent drilling program at the Copper Blow Project.

Silver City anticipates embarking on a significant exploration program which will involve follow-up drilling and resource definition at Copper Blow as well as exploration at new targets.

Quick facts: Silver City Minerals Ltd

Price: 0.016 AUD

Market: ASX
Market Cap: $5.9 m

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Silver City Minerals expanding surveys to generate new IOCG drilling targets

Chris Torrey, managing director of Silver City Minerals Ltd (ASX:SCI), updates Proactive Investors on the explorer's efforts to find the source of high grade mineralisation at the Copper Blow Project, located 20 kilometres south of Broken Hill in New South Wales, Australia. The company...

on 20/11/18

2 min read