CHN 0.37% $1.36 chalice mining limited

Ann: IOCG target to be drilled at Warrego North Project, NT, page-2

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  1. 15,831 Posts.
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    Large copper-gold target to be drilled at
    Warrego North Project, NT
    RC drilling set to start within weeks to test large anomalies along 5km target corridor
    Highlights
    Column 1 Column 2
    0 A series of highly prospective and untested iron-oxide-copper-gold (IOCG) anomalies, collectivelyknown as Emu Target, identified from regional aeromagnetic and ground gravity data on 100%-owned tenure at Warrego North Copper-Gold ProjectThe coincident magnetic-gravity anomalies sit along a 5km long target corridorEmu Target is located ~15km north of historical Warrego Mine (7Mt @ 2.5%Cu, 7.0g/t Au for175,000t contained copper and 1.6Moz contained gold) and is interpreted to be hosted in similar
    1  
    Warramunga Formation sediments
     Drilling scheduled to commence in August 2018, subject to statutory approvals
 
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