Greenfields exploration company Encounter Resources has announced the commencement of a two hole diamond drilling program at the Lookout Rocks Copper Project at Yeneena in Western Australia.
The Lookout Rocks project covers over 30 strike kilometres of interpreted Broadhurst Formation sedimentary rocks, the geochemical unit that hosts the Nifty copper deposit.
According to the company, interpretation of the detailed airborne electromagnetic data indicates the prospective structures and Broadhurst llithologies extend into the project in an area that has seen minimal exploration activity.
“In September 2015, an initial reconnaissance aircore and RC drilling program was completed at Lookout Rocks to test a number of key structural targets, the aim of this program as to test cover thickness, refine the bedrock geological interpretation and test for copper regolith anomalism within the defined targets,“ the company told the ASX.
“The program included seven reconnaissance holes at a structural target along a covered belt of conductive stratigraphy, situated at the western margin of a block of Coolbro Sandstone at the Lookout Rocks South Prospect. These drill holes confirmed the presence of deeply oxidised Broadhurst Formation.”
The drill holes also intersected broad intervals of moderate copper and lead anomalism, with a strengthening geochemical vector to the east and towards the bottom of one hole.
Encounter said that the planned two hole diamond program at Lookout Rocks South has commenced, with the initial drilling focused on testing the area at depth below the end of EPT2256.
“The drilling at Lookout South will be 50% funded (up to $150,000) under the WA Government Exploration Incentive Scheme,” reads the company’s statement.