Emmerson Resources Ltd (ASX:ERM) has received encouraging copper and gold geochemical results at its Whatling Hill Copper Gold prospect within the Fifield Project in New South Wales.
The soil sampling supports previous rock chips that assayed up to 2% copper and 0.25 g/t gold.
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Emmerson’s managing director Rob Bills said: “The soil geochemical program over our recently discovered Whatling Hill copper-gold project continues to exhibit the hallmarks of an early stage discovery.
“Geochemical and rockchip sampling indicate the mineralisation remains open to the south.
“A further round of auger drilling is planned to test for immediate extensions to Whatling Hill and also test a regional target some 5 kilometres to the south.”
Open to the south, further exploration planned
The geochemical contours are open to the south and further sampling is currently being planned.
Given that Whatling Hill has never been drill tested nor seen systematic exploration, the proposed exploration program aims to pinpoint the best parts of the mineralisation of what Emmerson now considers a large copper-gold system.
Typically such systems occur in clusters
Typically these porphyry style systems occur in clusters and regional reconnaissance suggests immediate targets some 1.5 kilometres south of Whatling Hill.
Also, based on the results of the green rock study, a second area has been identified 5 kilometres to the south.
Both areas will be systematically tested in the forthcoming geochemical program, followed by ground-based induced polarisation (IP) geophysics to better define drill targets.
New tenements granted
Emmerson has been granted a new tenement to consolidate its ground position at Fifield and Kadungle within the Lachlan Transfer Zone.
Bills added: “Based on success at both Whatling Hill and Kadungle, Emmerson has consolidated its ground position in anticipation of further discoveries – given that these copper-gold porphyry deposits typically cluster and that we are in a very fertile metallogenic province, bounded by the Macquarie Arc and Lachlan Transfer Zone.”