From PAGMAG report realeased today. *Geological reconnaissance mapping and sampling at the Northling Copper Project in cetral Western Australia,discovered undrilled stratabound gossans as well as strongly anomalous copper samples in an area of limited outcrop adjacent to the area previously drilled as part of an exploration program targeting diamonds.The previous drilling intersected copper mineralisation grading 4m @ 2.43% copper from 58-62m (to the end of hole).Heritage surveys were completed and drilling is planned on grant of tenure.* This drilling for diamonds by Northling was targeting magnetic anomalies,by the looks of this hole they must of just hit the top of the anomaly as the hole ended in mineralisation,quite amazing really!!.Geo on the job probably needed a slap or two!. The interesting part about this is that the area lies within the Jenkin Fault Zone (running SW/NE) which runs through Degrussa/Conductor 1 prospect (SANDFIRE).Then it's not far off the Lockeridge Fault (SE/NW) which runs into the Jenkin Fault. Going to be very interesting once they start drilling.
Also from PAGMAG report released today. *At Corktree Joint Venture Project (Pacmag earning up to 75%) located 24km east southeast of Sandfire Resources NL's Doolgunna project,reconnaissance mapping and sampling discovered a new copper anomalous zone south of previous drilling at the main Corktree grid.The new zone of copper rich gossans and ironstones is hosted in carbonate rocks and although poorly exposed can be traced over a strike of 400 metres and a width of 5 to 40m.* Some very good results have come from the main Corktree Grid area,in fact the whole area is highly anomalous in base metals and other multi elements.
Just bringing this part Pacmag to peoples attention because of it's relationship to the exciting new discovery made by SANDFIRE. PAGMAG also has other major excitng projects on the go,the report is worth a read. Good luck all.
PMH Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held