Proactive Investors - Run By Investors For Investors

Silver City Minerals receives drill results from Copper Blow, suspected larger system nearby

The company has turned its focus to finding the source of the Copper Blow mineralisation.
dipole-dipole model depicting a horizontal slice of IP chargeability at 180 metres below surface
Preliminary results from the second hole shows disseminated and stringer sulphides

Silver City Minerals Ltd (ASX:SCI) has received assay results from the first hole in the drill program at the Copper Blow Project near Broken Hill.

The first hole, 18CB071, intersected 2 metres at 1.50% and 0.03 g/t gold from 216 metres and 2 metres at 1.04% copper and 0.13 g/t gold from 228 metres.

Results for the second hole, 18CB072, of the program are pending.

READ: Silver City Minerals’ soil survey reveals extensive mineralised system at Copper Blow

The company has discovered a large mineral system indicative of an iron oxide copper gold deposit (IOCG) at the Copper Blow Project.

To date, two styles of mineralisation related to this system have been identified.

One is a magnetic ironstone-hosted copper-gold style being the Copper Blow shear zone.

Copper Blow part of a much larger mineral system

The company believes it is clear that copper-gold mineralisation located in ironstone at Copper Blow is part of a much larger mineral system.

Exploration including sampling and drilling will continue to understand the extent of this system across the eastern part of the tenure.

View full SCI profile View Profile

Silver City Minerals Ltd Timeline

Related Articles

The Predictive-Toro joint venture projects are in the country’s north
February 22 2019
The company’s JV with Toro is producing results on the exploration front.
Vanadium periodic table on yellow cube
November 15 2018
Shares of the miner have more than doubled since April, not on recent results but on future prospects in uranium and vanadium
January 13 2019
The company recently announced the start of the Chinchillas operation in Jujuy Province, Argentina

© 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