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Silver City Minerals turns to diamond drilling at copper, gold and cobalt prospect

The new year program will follow up targets at depth.

Map of area
Copper Blow is near the historical mining town of Broken Hill

Silver City Minerals Ltd (ASX:SCI) will start the second round of drilling early in January at the Copper Blow Project near Broken Hill in New South Wales.

The initial diamond drill program at the project will comprise three holes for 850 metres testing for down-plunge extensions to mineralisation.

The rig has been mobilised to the site and the company has received all permits and approvals.

READ: Silver City Minerals identifies multiple gold, copper targets for follow-up drilling

Copper Blow, which is 20 kilometres from Broken Hill, is prospective for copper, gold and cobalt mineralisation.

The diamond drilling will follow up 2,700 metres of drilling completed in September that identified a number of high-quality targets immediately evident for further testing.

Assessing historical BHP intersections

This program was designed to assess extensions to a number of high grade intersections drilled by BHP and Shell in the late 1980s and early 1990s.

A report at that time indicated that the mineralisation was of the iron oxide copper-gold type previously unrecognised in the Broken Hill district.

Samples sent for assessment

Samples from Silver City’s drill intersections have been sent for metallurgical assessment.

Initial work will assess the mineralogy and recoverability of copper, gold and cobalt from a range of mineralisation styles.

Of particular interest to the company will be the test results for cobalt.

First assays from the diamond drilling program at expected in late January to early February.

Depending on results, Silver City will undertake a more extensive follow-up program.

Quick facts: Silver City Minerals Ltd

Price: 0.014 AUD

Market: ASX
Market Cap: $5.16 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