Assays From Rover 1 Build Confidence Of Project Potential
Castile Resources Limited (ASX:CST) has continued the excellent results from assays from the latest hole in the IOCG (iron-oxide- copper gold) system) at Rover 1 in Australia’s Northern Territory.
Hole 21CRD002 has intercepted a broad copper zone within the ironstone and returned the following assays:
• 20.5m @ 2.26% Cu with 0.31g/t Au, 0.3% Bi, 0.2% Co and 4.6g/t Ag from 450.5m downhole; inc 5.5m @ 3.3% Cu with 0.5g/t Au, 0.4% Co and 4.9g/t Ag from 450.5m;
inc 4.0m @ 3.1% Cu with 0.6g/t Au, 1.3% Bi, 0.3% Co and 12.4g/t Ag from 467m
Managing Director Mark Hepburn, said a further zone of lower grade copper and gold mineralisation was also intercepted in the deeper part in the hole returning the following assay:
• 12m @ 1.1% Cu with 0.1g/t Au, 0.3% Bi, 0% Co and 1g/t Ag from 529m downhole;
inc 2m @ 3% Cu with 0.1g/t Au, 0% Bi, 0% Co and 1.5g/t Ag from 539m downhole.
“Hole 21CRD002 is another great copper hit at Rover 1 as we continue through the programme,” Mr Hepburn said.
“We anticipate the extended lengths of mineralisation at consistent grades in these results will enhance our mining studies as we work towards the PFS. The data flow will be ongoing as the two rigs continue with the programme.”
The 100% owned Rover Project is located 80 km southwest of the township of Tennant Creek in the Northern Territory. The total tenement area is approximately 1,054 sq. km covering a significant proportion of the Rover Mineral Field
For further information please visit: https://www.castile.com.au/
