Cosmo Metals Ltd (ASX: CMO) has kicked off RC drilling to test the high priority Minjina Prospect in Western Australia.
Minjina is located approximately 900m north of Mt Venn copper-nickel-cobalt deposit within Cosmo’s Yamarna project located east of Laverton in the Eastern Goldfields of WA.
Contractor Blue Spec Drilling has been engaged to drill the ~1,500m RC programme which will include up to seven holes into Minjina and another two holes into targets at the Eastern Mafic Project.
The Minjina target was identified from interpretation of a moving loop electromagnetic (MLEM) survey, which targeted a strong downhole EM (DHEM) conductor ‘off-hole’ from historical drill hole 17MVRC004 which intersected: 12m @ 0.8% Zn, 3.3g/t Ag & 0.16% Pb from 48m, including 2m @ 2.13% Zn, 3.56 g/tAg and 0.39% Pb from 58m.
“The Cosmo team is excited by the opportunity to drill test the first rate Minjina target. The identification of strong conductors coincident with high copper-in-soil anomalies makes Minjina a compelling exploration opportunity,” Managing Director, James Merrillees, said.
“Minjina is located adjacent to Mt Venn, where the Cosmo team have discovered widespread, shallow sulphide-hosted base metals, and we’ve engaged respected drilling contractor Blue Spec to complete this 1,500m RC campaign. All of this adds up to an exciting opportunity to make a game changing discovery in the Yamarna region.”
The recently completed MLEM identified several distinct conductive plates coincident with widespread copper anomalism in historical soil sampling1. The Minjina target is located some 300m from the nearest drill hole at Mt Venn.
The RC drill programme will take approximately two weeks to complete, and the company will conduct portable XRF analysis on an ongoing basis during the program to confirm mineralised zones and assist with logging.
Laboratory assays will be released as they come to hand, and all holes will be cased for future DHEM surveys.
For further information please visit: https://cosmometals.com.au/
