TCDD002 is the second of three initial holes targeting a large chargeable IP anomaly below a surface copper-cobalt anomaly.
Notably, disseminated sulphides were observed over 193 metres down hole from surface in this second hole.
Third hole underway, assays pending
Drilling of TCDD003 has commenced.
The hole is targeting the deeper, central part of the IP chargeability anomaly and is located approximately 100 metres northwest of TCDD001.
Drill core from the first hole has arrived at the lab in Perth and is now being cut and sampled before assaying.
Two main prospects at Mt Read Cobalt Project
Mt Read contains two main prospects, the Thomas Creek cobalt-copper-gold prospect and the Henrietta cobalt-nickel-copper prospect.
In October 2017, four samples were collected from the Thomas Creek site.
The results collectively highlighted the likely presence of a mineral system that could potentially host economic mineralisation.
Surface sampling and an induced polarisation (IP) survey was used to define drill targets at Thomas Creek.