CuFe Ltd (ASX: CUF) has confirmed remnant high-grade gold and copper mineralisation around the Orlando pit with assay results received for the drilling programme recently completed at its 60% owned Tennant Creek Copper / Gold project (Orlando Project) in Australia’s Northern Territory.
“We are pleased to have completed our first drilling program at Orlando. We see an opportunity at Orlando to cut back the existing open pit to access the remaining ore and this drilling provides valuable data to support that,” Executive Director, Mark Hancock, said.
“We have achieved our aims, being confirming the existence of high-grade ore, generating diamond core for metallurgical testwork and obtaining water data for the environmental approval process.
“We will continue to progress activity on all these streams as well as looking into the remaining exploration potential at areas such as Gecko, Goanna and Monitor, all of which has shown potential to host high-grade copper mineralisation in previous drilling.”
Orlando Project – drilling programme
The drilling was completed over a two month period from the 12th June to the 9th August and was a combination of RC drilling, tqo cased water bores and diamond drilling.
The programme was multipurpose and provided:
1) infill drillhole data to support future resource updates;
2) diamond drill core for further metallurgical testwork requirements, which will look to build on the encouraging results received from the testwork on historical drill core announced recently; and
3) water monitoring bores to support the environmental approval process.
RC drilling for the programme totalled 2,410m from 27 holes, designed in areas with limited data along the southern flank of the Orlando Pit with the intention that specific holes would serve as pre-collars to planned diamond extensions.
