Adelaide Resources (ASX: AND) expects to start diamond drilling to follow up a strong copper mineralisation target at Paskerville, South Australia, before the end of this month.
Interpretation of aircore drilling of 24 holes carried out during the first half of 2012 had defined an exploration target at depth and centred on the most south easterly drill traverse completed at the prospect.
This is believed to increase in grade at depth, presenting a potentially attractive target beneath the limit of current drilling.
Intersections achieved in these holes included 10 metres at 1.06% copper and 9 metres at 1.27% copper as well as 42 metres at 1.10% copper and 0.11 grams per tonne gold.
The diamond drilling will serve as an initial test of this target.
Adding to the confidence is a recently completed airborne electromagnetic survey covering 14.5 square kilometres that identified a number of conductive features semi-coincident with discrete geochemical anomalies.
This survey also appears to have accurately mapped the western limit of a wedge of Adelaidian aged sediments which occur beneath thin surficial cover but above the prospective basement rocks which host mineralisation in the district.
The interpreted western boundary of the Adelaidian sediments coincides with the eastern limit of geochemical anomalism at Paskeville.
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