Canyon Resources (ASX: CAY) has commenced reverse circulation drilling at the Karga Prospect on its Taparko North base metals project in Burkina Faso.
This is to follow up coincident multi-element soil and ground Electro Magnetic targets that suggest the potential for Volcanogenic Massive Sulphide (VMS) style of copper-zinc mineralisation.
Geophysical interpretation and modelling of the ground survey highlighted the link between moderate to strong bedrock anomalism and adjacent anomalous copper-zinc geochemical targets.
The review identified several targets including two stronger, bedrock sourced anomalies that will be tested in the current program, with further drilling to be designed pending results.
The electromagnetic survey over the Anomaly 1 auger area uncovered several strong conductors coincident or adjacent to the copper geochemical anomalism.
Geophysical modelling indicated the source is generally shallow with a near vertical dip possibly related to disseminated sulphides.
The EM survey carried out over the Anomaly 2 area also identified an extensive conductor with a strike length of over 2.5 kilometres.
This conductor shows good correlation with the geochemical copper-zinc anomaly, and is interpreted as a thick moderately conductive zone, likely to be at a shallow depth.
In addition to its Burkina Faso projects, Canyon controls 75% of two bauxite projects in Cameroon, strategically located in an emerging aluminium region.
They lie contiguous with the large Minim Martap bauxite deposit, and 10 kilometres from an operating rail line.
The company is capitalised at around $4 million.
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