Two-Rig Programme Aiming To Expand Near Surface Ore Grade Skarn In NSW
Kincora Copper Ltd (TSXV:KCC) has received further promising assay results from ongoing drilling at the Trundle brownfield project located in the Macquarie Arc of the Lachlan Fold Belt in NSW, Australia.
John Holliday, Technical Committee chair, and Peter Leaman, Senior VP of Exploration, said broad and multiple skarn horizons intersected within hole TRDD012 provide encouragement for expanding the footprint size potential of the at/near surface skarn system along strike and to depth
“Ore grade assay results received for the upper sections of TRDD011 and the skarn alteration intersected in TRDD012 support our continuing exploration of the central Trundle Park prospect area.
“TRDD011 provides further confirmation of the grade potential at or near surface within the skarn system. TRDD011 and TRDD012 are providing vectors towards the intrusive source of the skarn, which may be strong porphyry mineralisation, similar to what drives skarn mineralisation at such famous porphyry systems as Cadia, Grasberg and Ok Tedi.
“The focus of the current two-rig programme is to expand the scale of the near surface ore grade skarn mineralisation by stepping out along strike. As well the drilling will be testing for the causative porphyry intrusive source of the mineralisation in the skarn.
“The results announced today provide key learnings and encouragement for this drilling strategy.”
Trundle is the western section of the Northparkes intrusive complex, that hosts the second largest porphyry mine in Australia, with initial Kincora drilling taking place at targets 8.5km apart
Prior explorer drilling averaged only 28 metres at Trundle Park. Recent exploration by Kincora has enabled development of a significantly improved geological model resulting in improved drill hole targeting.
The average depth of prior explorer drilling at the Trundle Park prospect is 28 metres, with only two diamond core drill holes completed to moderate depths.
Kinocora says its deeper diamond core drilling activities are resulting in a significantly improved understanding of the bedding direction hosting the skarn horizons, along with key structures/faulting and the identified multiple phases of mineralisation within the skarn, all supporting a substantial mineralising event and provide further vectors to the targeted causative intrusion system.
These recent drill results, relogging of core and review of geophysical inversions have provided the confidence to mobilise a second drill rig, concurrent with operations re-commencing after a short holiday break over the holiday season on January 4th, 2021.
