Core Exploration (ASX: CXO) has extended the silver in soil anomaly at the Inkheart prospect within its Albarta Project in the Northern Territory to over 2,000 metres with new soil sampling returning up to 18,241ppb silver.
In addition, soil sampling has defined a 700 metre by 400 metre silver anomaly at the nearby Blueys prospect.
Both anomalies are clear-cut and coherent with the majority of soil samples being highly residual, which indicates that they should reflect the geochemistry of the underlying geology.
Sampling at Inkheart had defined very high silver in soils over a core 200 metre by 50 metre area. Scope also exists to further extend the length of the broader soil anomaly and thicken the width of the anomaly to the northwest.
The latest rock chip samples at Blueys have returned up to 4,065 grams per tonne silver, 5.5% copper and 25% lead.
Future Plans
Mapping and sampling planned at the Inkheart Prospect during October will focus on identifying barite rich veins as well as the iron rich gossans identified in previous mapping in an attempt to define the source of the high silver in soil samples.
It also plans to extend the original infill survey at Inkheart to define potential areas of high silver anomalism that are yet to be tested.
Core is analysing the previous airborne electromagnetic, magnetics and radiometric surveys over Blueys and Inkheart in the context of the new detailed soil information and high-grade rock chip results from its recent exploration.
The results of this geophysical analysis are expected in late October and an Induced Polarisation survey is scheduled to commence over potential drill targets at Blueys and Inkheart shortly after.
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