ACP 0.00% 2.1¢ audalia resources limited

News: Audalia Resources to carry out diamond drilling in Western Australia

  1. Audalia Resources’ (ASX:ACP) rockchip sampling program over the banded iron formation at the Gascoyne Project in Western Australia has returned elevated copper, lead, zinc and manganese assays.

    Manganese is an important pathfinder at the Broken Hill silver, lead, zinc mine in New South Wales where they form haloes around the orebody.

    The results have indicated further work is warranted on the BIF.

    Future work planned should include diamond drilling to understand the stratigraphy and mineralisation at depth.

    The company will also fly an aeromagnetic/radiometric survey on a 100 metre line spacing to aid in the geological understanding of the regional stratigraphy.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

 
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