C29 Metals Ltd (ASX:C29) has finalized plans for its inaugural drill program at the Mayfield copper-gold exploration project in the world-class eastern fold-belt of the Proterozoic Mount Isa Inlier in Queensland, according to a statement from the company.
The company's reverse circulation (RC) program will comprise 2,800 meters of drilling across eight holes at the project area. An induced polarisation (IP) survey has identified significant multiple chargeable and resistive anomalies over several of the previously delineated gravity and magnetic targets. The survey was extended to cover strong chargeable anomalies heading north towards the Trekelano Mine pit.
Moving forward, C29 Metals is now progressing with the drill approval processes and drilling contractor engagement to undertake the planned activity. "This drill program represents the culmination of a significant amount of technical work at Mayfield," said Jeremy King, C29 executive director.
The exploration efforts are expected to provide scope for the discovery of significant copper-gold and base metals mineralization at each of the Trekelano South, Clarries, and Maiden Creek prospects. These prospects sit in the world-class Mt Isa inlier proximate to other ASX players such as Carnaby Resources, Hammer Metals and Cooper Metals.
The primary target, Trekelano South, is in a similar stratigraphic position as the Trekelano mine, some 2.5 kilometers north, which produced 59,000 tonnes of copper metal. The company also plans to test a compelling copper target at Clarries Prospect where previously limited shallow percussion drilling returned a highly anomalous copper intersection.
Furthermore, the drilling of significant coincident chargeable and dense targets at Maiden Creek Prospect is also planned. The company continues to frequently assess new opportunities in the base and battery metals sector which would complement its existing portfolio.
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