Second drill rig to be mobilized in early 2021 to assist in expanding mineralized footprints
HIGHLIGHTS
RareX’s 65% joint venture partner at the Trundle Copper-Gold Project in NSW, Kincora Copper (TSX-V: KCC) has provided a significant update on the ongoing diamond drilling program at Trundle.
The latest diamond drill hole completed at the Trundle Park prospect, TRDD012, has provided further significant encouragement following on from previously reported visual observations for hole TRDD0011: - TRDD012 has intersected the best observed primary bornite and chalcopyrite zones seen to date at the Trundle Project; and - The hole has intersected four well-developed and broad skarn horizons.
High-priority intervals from TRDD011 and TRDD012 have been submitted for assay results.
A second drill rig is expected to be operational early in the New Year at the Trundle Park prospect to assist in expanding the alteration and mineralization footprints.
Ongoing drilling and re-logging of core at the Trundle Park prospect is providing an improved geological understanding and vectors for the at/near-surface skarn potential, as well as the potential for a large related porphyry intrusion system.