Resource and Investment (ASX: RNI) has assayed good widths and grades of copper via a portable XRF at its 80% owned Forrest Gimp project in Western Australia's Bryah Basin.
Results included 15 metres at 1.06% copper from 154 metres, including 1 metre at 7.13% copper and 1 metre at 2.34% copper.
Another intercept returned 8 metres at 1.17% copper from 132 metres, including 1 metre at 6.47% copper.
Weathered sulphides observed in drill samples, and downhole electromagnetic surveying is to commence immediately to test for possible sulphide related conductors below the mineralised oxide zone.
RNI has now mobilised the drilling rig to the Wodger Prospect, which lies 2.4 kilometres along strike from Forrest Gimp, to follow up on rock chip samples of up to 13.8% copper.
Samples have been sent for multi-element assay, with results expected next month.
As currently understood, the copper mineralisation at Forrest Gimp is interpreted as a steeply dipping oxide zone beneath a substantial gold-rich cap, defined over a strike length of 250 metres, and remains largely open.
Significantly, Forrest Gimp and Wodger form part of 12 kilometre volcanogenic hosted massive sulphide target horizon, adding to the likelihood that results to date are indicative of a larger mineralised system.
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