Godolphin Resources Limited (ASX:GRL) has mobilised a drill rig to its 100%-owned Yeoval Copper-Gold Project in NSW and commenced the planned two-hole 900m diamond drill programme, targeting areas north and south of the current Inferred Mineral Resource to test for extensions to the copper-gold mineralisation.
“It’s exciting to see the drill rig on site and operational at Yeoval and to commence the exploration initiatives at the Project. The drill holes have been planned to test an open area to the south of the Yeoval MRE, under copper in soils which will allow us to assess possible extensions to the mineralisation,” Managing Director, Jeneta Owens, said.
“Further north at the Cyclops prospect, previous drilling is very shallow and has not tested expansive open areas at depth under high grade gold and copper surface rock chip results. We look forward to providing ongoing updates as the programme progresses and assay results are received.”
The current diamond drill programme has been designed to incorporate anomalous geochemical results, geophysical anomalies and to test structural complexity and controls on the region’s mineralisation.
As previously announced, historical drilling at Yeoval has not explored for mineralisation at depth leaving the MRE open in all directions. Despite anomalous copper results being reported from historic holes and supported by historic soil geochemistry, no holes have been drilled south of the Yeoval prospect deeper than 90m.
The first drill hole of the programme will be completed at the Cyclops prospect and will test the elongated north-south trending geochemically anomalous >400ppm Cu zone which, from historic soil, rock-chip and shallow reverse circulation percussion (RC) drilling results, reveals copper and gold anomalies.
The drill hole will test for copper and gold at depth, aiming to extend the significant mineralised zones seen in the one historic diamond drillhole drilled in 1995 and three shallow RC drillholes drilled in 1994.
The second drillhole of the programme will be drilled to test for possible southern extensions to the current Yeoval MRE.
For further information please visit: https://godolphinresources.com.au
