Encounter Resources Ltd (ASX:ENR) has been awarded a co-funded EIS drilling grant at the Lamil Copper-Gold Project in the Paterson Province of Western Australia.
Encounter was awarded a co-funded drilling grant up to A$220,000 under the WA Government’s Exploration Incentive Scheme (EIS).
Lamil covers an area of ~61 sq. km and is located 25km northwest of the major gold-copper mine at Telfer, owned by Newcrest Mining Ltd. It is adjacent to a major regional gravity lineament which marks the location of an interpreted significant crustal scale structure that would have acted as a pathway for ore forming fluids during the formation of the Proterozoic aged deposits.
The mineralisation at Lamil is hosted in metasedimentary rocks of the Proterozoic Lamil group which also host the Telfer, Havieron and Winu Au-Cu deposits.
Seven diamond holes were completed at the Dune prospect at Lamil in September 2021. Copper-gold mineralisation was intersected in two diamond drill sections spaced 200m apart.
The intersection of multiple, stacked, narrow copper-gold reefs in ETG0243 within a thick prospective package analogous to Telfer’s Upper Malu formation was an important step forward for the project.
The increased frequency of mineralised ‘reef style’ intervals containing strengthening copper grades and frequent +1g/t Au grades within ETG0243 infers a strengthening of the mineralised system to the north-west where the system remains open on section and down plunge.
Upcoming Activity
A detailed gravity survey will commence at Lamil in May 2022. This survey aims to identify structures
and map changes in stratigraphy where the prospective horizons plunge beneath the current drilling. The results of this survey along with further interpretation of litho-geochemistry results will guide plans for a drilling campaign which is scheduled to commence in June/July 2022.
Encounter’s primary focus is on discovering major copper dominant deposits in Australia. Encounter’s assets include:
• A large project portfolio in the Paterson Province of WA where it is exploring for copper-gold deposits at its 100% owned Lamil Project and for copper-cobalt deposits at the Yeneena project with IGO Limited (ASX:IGO);
• A series of camp scale, first mover copper opportunities in the Northern Territory. This includes the Elliott copper project which is being advanced in partnership with BHP via a $25m earn-in and joint venture; and
• The Aileron IOCG / REE project in the West Arunta region of WA.
For further information please visit: https://www.encounterresources.com.au/
