Adelaide Resources (ASX: ADN) has launched the 2012 exploration program at its Moonta Copper Gold Project in South Australia’s Yorke Peninsula.
Moonta is located in the Olympic Copper Gold Province, a belt that contains world class copper and gold resources.
A 7,000 metre aircore drilling program started to day, with the aim of testing copper gold anomalies at the Willamulka, Copper Hill East, Paskerville and Wombat prospects.
Initially, drilling will target extensions to the Willamulka Prospect, to follow up on drilling conducted in 2011, which identified copper gold mineralisation over 1,200 metres strike.
This mineralisation remains open to the northeast and southwest.
A diamond rig will start at the site in early February to perform deeper drilling at Willamulka and Wombat.