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Rubianna Resources drilling targets gold and copper at Murchison tenements


Rubianna Resources (ASX: RRE) has commenced aircore drill programs targeting gold and copper at its Murchison tenements northeast of Meekatharra, within the highly prospective Peak Hill Mining District of Western Australia.

The first part seven hole, 350 metre drill program aims to define north east extension at the high grade Bloodstone gold project.

Also, the infill interface sampling program has commenced at North Ruby Well, with four target areas to test gold and copper anomalism in volcanic units of the Narracoota Formation.

The targets are within the broad geochemically anomalous zones of coincident gold (13 to 592 parts per billion gold) and copper (102 to 639 parts per million copper), including the 3.5 kilometres long coincident gold and copper anomalism identified previously.

Rubianna expects this infill, interface geochemical program to define targets that justify follow-up geophysics and geochemistry in preparation for planning specific drill targets.

The company anticipates the entire aircore drill program to be complete by mid-December 2011. Assays are expected within three to four weeks from completion of drilling.

Quick facts: Zip Co Ltd

Price: 5.93 AUD

Market: ASX
Market Cap: $3.02 billion

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