Intersects Multiple Broad Intervals Of Porphyry Style Intrusions In NSW
Kincora Copper Limited (TSXV/ASX:KCC) has intersected multiple broad intervals of porphyry style intrusions at the Trundle Park prospect at the brownfield Trundle project, located in the Macquarie Arc of the Lachlan Fold Belt (LFB) in NSW, Australia.
Hole TRDD026, a follow-up scissor hole to TRDD022 (162m @ 0.24 g/t gold and 0.04% copper) and has extended the porphyry system approximately 100m on strike and up to 115m down dip.
John Holliday, Technical Committee chair, and Peter Leaman, VP of Exploration, said hole TRDD026 tested and better defined the NNW potential from TRDD022 intersecting two zones of the targeted system, for which assay results are pending.
“While we have not yet intersected the systems core we are seeing the encouraging right signs and are deepening an adjacent hole (TRDD014W1).
TRDD014W1 seeks to test the target deeper below TRDD022 and to the SSE, and to determine if the mineralization in TRDD022 (including 46m @ 0.54 g/t gold and 0.08% copper) and TRDD014 (including 10m @ 0.73g/t gold and 0.1% copper) are related, and proximal to the potassic core of the system.
“Also, we are planning future holes to test the open direction to the south of TRDD022 and TRDD014.”
Two rigs remain operational, one currently drilling a wedge off TRDD014 at the Trundle Park prospect at Trundle, and the other has commenced a fourth hole at the Gateway prospect at the Fairholme project.
Trundle and Fairholme are both advanced exploration stage projects with hallmarks of neighbouring deposits, Northparkes and Cowal respectively, with assay results from recent drilling pending.
Trundle Park prospect Recent drilling of hole TRDD022 by Kincora observed significant broad mineralized intervals comprising 162m @ 0.25 g/t gold, 0.04% copper and 9 ppm molybdenum (from 670m), including 46m @ 0.54 g/t gold and 0.08% copper (from 684m) and 18m @ 0.75 g/t gold and 0.09% copper (from 712m)
The results of TRDD022 revealed a large previously untested zone at depth, open in all directions. It provided the greatest ‘proof of concept’ support to date for Trundle Park to host a porphyry intrusive system, potentially with ore grades.
Detailed geological logging and petrographic analysis of TRDD022 has noted that the better mineralised zones are in brecciated areas, with strongly developed and variable interpreted outer potassic alteration.
These better-mineralized zones exhibit generally centimetre-scale interpreted fingers of monzonite vein-dyke and associated mineralization intruding a monzodiorite intrusion.
TRDD026, the initial diamond drill ‘scissor’ hole to follow up TRDD022, sought to test the potential for higher-grade gold-copper and along strike approximately 100m NNW from the mineralization zone in TRDD022. TRDD026 has intersected multiple intrusive phases providing further confirmation of, and extension to, the targeted porphyry system.
For further information please visit: https://kincoracopper.com/
