Adelaide Resources (ASX: ADN) has defined a new copper anomaly adjacent to the Alford West prospect, within its Moonta Copper-Gold project on the Yorke Peninsula of South Australia.
A recently commenced portable X-Ray fluorescence (FPXRF) soil geochemical survey highlighted the new target when FPXRF sampling was conducted in recently harvested paddocks immediately south of Alford West.
The northeast trending 'Blue Tongue' geochemical anomaly extends for around 1000 metres and occurs as a coherent zone of anomalous copper that is equivalent in magnitude to soil anomalies associated with the Alford West mineralisation.
Blue Tongue has not previously been drill tested, has several other positive geological attributes, and complements Alford West, where drilling is scheduled to recommence in mid-January 2014.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.