Trundle Drilling Program Expanded as Latest Holes Deliver Further Porphyry Encouragement




HIGHLIGHTS

  • RareX’s 65% joint venture partner at the Trundle Copper-Gold Project in NSW, Kincora Copper (TSX-V: KCC), has provided a wide-ranging update on recent and upcoming exploration activities.

  • Kincora has completed an oversubscribed $5.33m capital raising to accelerate drilling.

  • Funding, permits and drill targets are now in place for up to 17 new diamond drill holes.

  • Recent drill holes TRDD002, TRDD005 and TRDD006 have provided further encouragement for the discovery of an economic copper-gold porphyry deposit within the known northern porphyry system at the Mordialloc prospect.

  • Access is also in place to commence high-priority follow-up drill holes to expand high-grade near-surface skarn gold-copper intervals and confirm an underlying gold-copper porphyry system at the southern Trundle Park prospect.

  • The first diamond hole at Trundle Park intersected multiple significantly mineralised skarn zones including an interval of 51m @ 1.17 g/t gold and 0.54% copper from 39m with several high-grade zones.

Read Full ASX Announcement Here

EMAIL
info@rarex.com.au

TELEPHONE
+61 8 6143 6720
 

ADDRESS

Suite 23, 513 Hay Street
Subiaco WA 6008 Australia

© RareX Limited

coup_logo_white-fade.png