HIGHLIGHTS
RareX’s 65% joint venture partner at the Trundle Copper-Gold Project in NSW, Kincora Copper (TSX-V: KCC), has reported part assay results for hole TRDD008 at the Trundle Park prospect.
The hole intersected two significant skarn zones, including the broadest mineralised intervals received from the project to date: - 87.7 metres @ 0.65g/t gold and 0.19% copper from surface, including: 16.4 metres @ 1.51g/t gold and 0.19% copper from surface; and 8 metres @ 1.64g/t gold and 0.57% copper from 66 metres. - 19 metres @ 0.43g/t gold and 0.21% copper from 388 metres, including: 4 metres @ 0.94g/t gold and 0.57% copper.
Ongoing drilling and relogging of core at the Trundle Park prospect is providing improved geological understanding, highlighting vectors for at/near surface skarn mineralisation and the potential for a large, related porphyry intrusion system.
Assay results for TRDD006 at the Mordialloc prospect returned extensive anomalous copper, gold and molybdenum intervals associated with a coarse plagioclase phyric diorite intrusion. These results further indicate that Mordialloc may be a significant mineralised porphyry system, wherein the possible higher-grade core has not been located by the relatively limited drilling to date.