Resource and Investment (ASX: RNI) has identified outcropping gossanous material from rock chips including 7.2% copper, 1.3 grams per tonne gold, 0.33% zinc, 0.43% lead, and 4 grams per tonne silver at its Cashmans project in Western Australia's Bryah Basin.
Cashmans covers a 20 kilometres strike length along the prospective southern margin of the Bryah Basin, identified in regional targeting evaluations to have the stratigraphic and structural components that are conducive to the formation of large-scale, high-value base metal deposits.
Targets include the Orient, Newport, Left Bank and Clancy’s.
Ongoing evaluation of the Orient Prospect, including mapping and rock chip sampling, has extended the prospective mineralised horizon over a strike length of at least 600 metres, remaining open.
These results demonstrate the VMS features of the gossan at Orient and highlight the potential for an extensive mineralised system along the strike and down-dip of this position.
RNI believes a stringer zone of mineralisation may have been identified that would provide both a geological and geophysical vector towards a larger accumulation of sulphides.
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