Revolver Resources Holdings Limited (ASX: RRR) has received assay results from the diamond drill programme undertaken on two key targets within the Larramore Volcanic Belt at its Dianne Copper Project in northern Queensland.
All eight holes drilled in the 1,570m programme focused on the Larramore Volcanics Belt, and all intersected significant zones of hydrothermal alteration.
The company reported that both targets drilled (C5 and C16) returned multiple narrow intervals of highly anomalous gold (up to 0.7 g/t Au) and variable copper (up to 0.05% Cu).
“It is pleasing to add these diamond drilling assay results to the growing body of evidence, including field mapping and soil sampling undertaken last year, that indicates the presence of a shallow Intrusive Related Gold System (IRGS) of substantial potential scale in the Larramore Belt,” commented managing director, Pat Williams.
IRGSs are a relatively newly defined class of economically important gold deposits that define an important metallogenic province related to the Permo-Carboniferous Kennedy Igneous Association in the Townsville-Cairns surroundings of north-east Queensland.
“When coupled with the Dianne High Strain Zone, it demonstrates the excellent prospectivity of the broader Dianne Project tenure. It also highlights why we are dedicated to systematically advancing exploration of this district-scale opportunity. We look forward to further targeted drilling in the Larramore during the 2024 field season,” added Mr. Williams.
An initial ground geology programme is planned for March 2024, which is expected to be followed by a further diamond drilling programme later in the year.
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