EV-charging-station-768x512.jpg

DRILLING AT TRUNDLE JV PROJECT IN NSW INTERSECTS BROAD MINERALISED ZONES







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.

READ FULL ASX ANNOUNCEMENT HERE