Encounter Resources (ASX: ENR) has reported that a nine hole aircore drilling program has identified a second copper target at the Yeneena project in Western Australia.
The program completed at BM2 to test a structural target has intersected highly anomalous copper in three adjacent 200m spaced holes. Drillhole EPT0315 intersected a broad zone of anomalous copper 38m @ 519ppm Cu from 70m and finished in 2m @ 0.24% Cu at the end of hole.
Other results include: EPT 313 37m @ 458ppm Cu from 42m to end of hole and EPT 311 60m @ 264ppm Cu from 22m.
Follow up drilling at BM2 will be completed as part of the aircore drill program at BM1 which is due to commence next week.
The BM2 prospect is located 50km south-east of the Nifty copper deposit and 34km north-east of the exciting BM1 copper discovery).
The identification of a second copper target at the Yeneena project supports the view that this region has the potential to host multiple copper discoveries under sand cover.
Additional aircore drilling at BM2 will now be completed to infill the drill spacing to 400x100m. This drilling will be undertaken following completion of the planned drill program at the BM1 copper discovery.
The Yeneena project covers 1300km2 of the Paterson Province and is located 40km SE of the Nifty copper mine, 30km NW of the Kintyre uranium deposit and 70km SE of the Woodie Woodie manganese mine.
The targets identified are located adjacent to major regional faults and have been identified through electromagnetics, geochemistry and structural targeting.
The base metals targets are hosted within sediments of the Broadhurst Formation in a similar geological setting to the Nifty copper deposit (total resource of 148.3mt @ 1.3% Cu – Straits Resources Ltd, 2001).
Encounter controls 100% ownership of the project.