Core Exploration (ASX: CXO) has identified additional copper mineralisation at its Albarta Project in the Northern Territory just 2.5 kilometres south of the Paradise Well deposit.
Surface samples at the newly discovered Paradise Well South prospect had returned high copper levels, two of which assayed 1.1% copper.
This follows the identification of a 5 kilometre long copper soil anomaly northwest of Paradise Well last week.
Soil sampling over the Paradise Well area has also defined number of kilometre-scale coincident copper and silver anomalies. These new results have identified target areas worthy of follow up exploration over a larger than expected area.
Core intends to extend the exploration area around the Paradise Well and Paradise Well South Prospects using further mapping, sampling and soil surveys. The more significant geochemical anomalies will be followed up with geophysical testing and prioritised for drilling.
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