VTEMmax survey has identified an untested potential northern extension of the zone which was obscured from historical airborne surveys by a powerline crossing the northern part of the property
The correlation of the preliminary ZTEM and seismic data is very encouraging at Esso West and this combination of surveys will aid in drill targeting.
A 12,000-meter to 14,000-meter diamond-drill program is being planned to test for the feeder zones for the near-surface epithermal gold mineralization and the porphyry system at depth using the three-dimensional geophysics interpretation of the BAM Project.
“The start of our exploration program on the recently acquired Charcoal and Castor uranium projects is an exciting development for Cosa.”
A significant number of additional VTEM anomalies, typically with subtle coincident magnetic responses, have been defined within the Wine Gabbro
The first drill hole is targeting the middle of a large, 1 km diameter conductivity anomaly identified in the 2022 VTEM survey, located near the historic Phoenix mine. The target zone lies below 160 meters depth. Drilling is progressing and the hole is now just entering the target area.
Survey Defines Multiple Target Areas for Thompson-Style Nickel-Sulphide Deposits
Preliminary results from the VTEM survey led to the identification of several new conductors
The Company will use this data to analyse the existing sulphide mineralisation on the Belvais blocks.