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Silver City Minerals advancing Copper Blow with drilling, surveying and sampling work

Silver City Minerals Ltd (ASX:SCI) managing director Chris Torrey updates Proactive Investors on the current drilling and exploration programs at the company’s Copper Blow project near Broken Hill, Australia.

“We drilled a number a number of holes into the north zone of Copper Blow and found a very consistent unit of magnetite which has strong copper and gold mineralisation,” says Torrey.

Speaking about IP survey and soil geochemistry sampling works taking place at site, Torrey says, “this is possibly the most exciting part of what we’re doing at the moment because not only are we drilling this ironstone complex, this magnetite horizon which is about four or five kilometres long [where] we expect we'll hit a number of these high-grade copper zones... but we’ve also conducted these surveys that suggest well out and beyond that magnetite horizon there are other sulphide zones... We think we’ve got a lot bigger picture, a lot bigger mineral system than just what’s in the magnetite zone.”

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