Core Exploration (ASX:CXO) has identified a new zinc target at the Black Gate Prospect in the Northern Territory.
Soil results from the prospect show a range of anomalous metals like Blueys/Inkheart, but with much higher zinc levels .
Core has built a tenure position covering over 100 kilometres strike of the target Bitter Springs host geology structurally juxtaposed on the crystalline basement rocks of the east Arunta.
The company plans to continue exploration over a number of its tenements.
Targets generated from this work will be ranked against the signature at Blueys/Inkheart that reflects silver lead zinc sulphide mineralisation at depth.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.