C29 Metals Ltd (ASX:C29) is about to kick off exploration for copper and gold at its Stadlers Project, situated within the Ashburton Basin in Western Australia.
The company is working in conjunction with heritage groups to complete the transfer of the Indigenous land use agreement (ILUA), which is an important step before undertaking exploration fieldwork.
Notably, data compilation and a review of past exploration work has highlighted the project's potential to host structurally controlled epithermal copper deposits related to the Capricorn Orogen.
During the review, the company identified up to eight geochemical targets and several geophysical areas of interest, two of which are drill ready.
Historical data
The most advanced exploration target at the Stadlers Project is the Stadlers Gossan, which has recorded rock chip samples of up to 45% and gold at 9.5 g/t, along with shallow drilling results including 9 metres at 1.9% copper from 47 metres.
Newly sourced exploration data from 2017 supports the high-grade copper mineralisation at the surface, with rock chips returning up to 8.7% copper.
Several electromagnetic geophysical targets are apparent along structural lineaments coincident with surface geochemistry.
Forward plan
C29 is undertaking regulatory preparation to begin fieldwork over the tenement.
Planning has begun for field reconnaissance, mapping, and geochemical exploration activities in the near future once the regulatory approvals are obtained.
This program is expected to be followed by a more systematic geochemical sampling program across the tenement's prospective areas.
The company has also engaged an independent geophysical consultant to review existing geophysical datasets, including an airborne electromagnetic survey that was flown over the project area by a previous operator in 2006.
This survey identified several possible conductors within the area.
Work is currently ongoing and once completed will provide recommendations for future geophysical work that can advance C29's exploration targeting.