Core Exploration’s (ASX:CXO) Albarta Project now covers over 2,000 square kilometres in the Aileron Province, Northern Territory, that has been recently recognised as having Iron Oxide Copper Gold prospectivity.
This follows the award of the final Exploration Licence Application, which includes the large-scale Copper King mineral field and recently announced high-grade copper results of to 34% at the Virginia Prospect.
Exploration is underway at Albarta to define drill-ready copper and IOCG targets for drilling in the fourth quarter of this year.
Other notable results from previous exploration across the project include up to 14% copper and 72 grams per tonne gold at Copper King, 10% copper and 2,200g/t silver at Blueys Prospect, 19,552ppb silver in soil at the new Inkheart Prospect and a large scale copper, nickel and PGE target at the Mordor Prospect.
Albarta, which consists of 20 tenemenets, is located about 100 kilometres northeast of Alice Springs.
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