Impressive Results Continue In Arizona
Eagle Mountain Mining Limited (ASX:EM2) has sighted promising mineralisation at its 100% owned Oracle Ridge Mine Project in Arizona, USA.
At Western Talon strong visual mineralisation supported by portable XRF analyses over 28.9m has been intersected in drill hole WT-21-32 in the Western Talon area.
This zone occurs above the Leatherwood-Sediments contact and contains an upper interval of 13.2 metres containing significant bornite and chalcopyrite (copper-rich sulphide minerals).
Samples are at the laboratory with assay results expected in the coming weeks. WT-21-32 was drilled in a westerly direction approximately 50 metres to the south of the following holes:
• WT-21-15 with best intercepts of 10.6m at 2.10% Cu, 16.92g/t Ag, 0.58g/t Au and 7.5m at 1.62% Cu, 17.09g/t Ag, 0.36g/t Au
• WT-21-16 with best intercepts of 7m at 1.16% Cu, 10.21g/t Ag, 0.15g/t Au and 4.9m at 1.98% Cu, 24.42g/t Ag, 0.43g/t Au
• WT-21-17 with no significant intersections WT-21-32 was drilled 30 metres to the west of WT-21-29 (assays pending)
WT-21-29 intersected narrower zones of mineralised sediments compared to WT-21-32. While the geological reason for this difference is unclear, the current interpretation has the most favourable sediments for hosting mineralisation dipping steeply to the east and intersecting WT-21-29 only at the very bottom of the hole.
WT-21-36 was drilled to the west of WT-21-32 and detailed geological observations for this hole are still pending. The strong mineralisation encountered in WT-21-32 also remains open to the south, south-east and south-west.
CEO, Tim Mason, said recent drilling at the Western Talon has provided new insights into the geology of area. The consistent collection of structural data from drill core, for the first time in Oracle Ridge’s history, has proven invaluable in unravelling the local geometry and controls on mineralisation.
“The mineralisation we have seen in WT-21-32 is truly spectacular. Based on these strong visuals, we are confident WT-21-32 will return some of the best copper values of our resource expansion program so far,” Mr Mason said.
“We are eagerly waiting for the assay results! Drilling at the Western Talon continues to deliver positive outcomes, with multiple stacked lodes in each drill hole we have completed in this area. Importantly, the overall length of this target is almost 500 metres with little to no historical exploration along this corridor.
“We have two rigs on this target right now and based on these results, we plan to keep drilling in this exciting area. Recent assay results from drilling in Eastern Talon also show good copper grades and overall higher gold values than our current MRE.” For further information please visit: https://eaglemountain.com.au/
