Silver City Minerals Ltd’s (ASX:SCI) drilling has returned a significant copper intersection at Copper Blow, 20 kilometres south of Broken Hill in New South Wales.
The company assayed 41.2 metres at 1.3% copper and 0.40 g/t gold from 183.8 metres at the North Zone, including 7 metres at 2.0% copper and 0.99 g/t gold from 189 metres.
Silver City’s drilling also returned a significant cobalt intersection of 10.78 metres at 0.09% cobalt and 0.3% copper from 288.36 metres.
Mineralisation is persistent from surface to depths of at least 200 metres
The new drilling results indicate that copper-gold mineralisation is persistent from surface to depths of at least 200 metres.
It shows that the mineralisation is open in all directions down-dip and along strike and that the grade and thickness are increasing with depth.
The style of mineralisation in the North Zone suggests it may be amenable to extraction by open pit mining methods whereas the higher grade narrower zones in the South Zone may be amenable to underground mining techniques.
READ: Silver City Minerals proposes phase II drilling at Copper Blow
Silver City is planning to commence a phase II drilling program shortly.
The company will test targets in the area immediately along strike and downdip from the latest significant intersection at the North Zone.
It will target the zones between the two highest grade sections and immediately beneath the North Zone magnetic anomaly.
Silver City envisages 4000 to 5000 metres of combined reverse circulation and diamond drilling leading to an initial resources estimation.