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Mining

Silver City Minerals rock chip assays reveal high-grade copper cobalt targets

Results have identified seven encouraging copper and cobalt prospects near Broken Hill.

Silver City Minerals Ltd (ASX:SCI) has received results from rock chip samples collected from multiple prospects at its tenements in the Broken Hill district.

Results featured peak grades of 10.4% copper and 0.15% cobalt.

The new exploration results support previous sample results and indicate widespread copper and cobalt across the company’s tenements.

READ: Silver City Minerals has drill spinning targeting new copper-gold mineralisation at Copper Blow

The new exploration results continue to build a pipeline of prospective targets beyond the Copper Blow Project in the same area where a 5,000-metre drill program recently commenced.

Mt Brown and Mt Brown Creek returned copper values to 10.4% and 4.2% respectively in zones peripheral to Broken Hill style lead-zinc-silver mineralisation.

Copper zones have not been drill tested.

Yalcowinna Creek returned 2.9% copper and 0.15% cobalt building on historical samples of 11.9% copper and 0.17% cobalt.

The 1.2-kilometre copper-rich zone has had limited drilling to date.

Further exploration planned

Silver City anticipates a more detailed program of evaluation of each of the prospects identified.

This will include a re-assessment of previous work (if any), more detailed rock and soil sampling, geological mapping and ground geophysics.

IP survey initiated at Yalcowinna Creek

At Yalcowinna Creek, a trial induced polarisation survey has commenced to map copper sulphide mineralisation.

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