Core Exploration (ASX: CXO) has discovered 1533 grams per tonne silver in rock chips (1.5 kilogram per tonne) at the recently recognised western zone at its Blueys Prospect in the Northern Territory.
Core’s latest results increase the potential scale of the mineralised system at Blueys within the larger Albarta Project, and compliment previous samples of 4065 grams per tonne silver with 10% copper and 25% lead to the east.
The new results and mapping have expanded the extent of mineralised outcrop at Blueys by 500 metres west, toward the contact between formation host rock and amphibolites in basement rocks.
Notably, the western side of Blueys has not been tested by previous exploration, which was focused on the eastern flank.
The highest grade silver results have come from surface rock-chip sampling of a hydrothermally altered, red-purple, fine grained siliceous unit.
Evidence of intense fluid flow provided by stock work veining further enhances the prospects of mineralisation at depth.
An Induced Polarisation geophysical survey is scheduled to commence this week to map mineralisation at depth and define drill targets at Blueys and Inkheart prospects.
In parallel with Core’s field work, land access procedures for drilling approvals are underway.
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