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The exploration landscape in Western Australia is experiencing a significant boost thanks to Redstone Resources Limited. The company has announced a breakthrough in its drilling operations at the Tollu copper deposit. This announcement follows results from diamond drill hole TLD005, part of the fully owned West Musgrave Project. The drill hole, measuring 1,195.5 meters, has produced promising findings that could alter the understanding of mineralization in the area.
Recent assays reveal that TLD005 has intersected multiple lenses of copper mineralization, including two notable high-grade intersections. These discoveries occur over 400 meters deeper than previous drilling and extend approximately 130 meters further south, indicating a significant expansion of the known mineralized zone.
Key findings from the drilling operation
The results from TLD005 confirm the presence of additional high-grade copper mineralization at previously unrecorded depths and locations. The findings include:
- 1.8 meters at 2.5% copper from 912.4 meters downhole.
- 4 meters at 1.3% copper from 1,048 meters downhole, further including 1.6 meters at 2.7% copper from 1,048.4 meters.
In addition to these significant intersections, the drill hole revealed several lower-grade copper intersections throughout its length. These results underline the expansive potential of the copper system at Tollu, suggesting that the area may harbor undiscovered resources.
Implications of cobalt findings
Another notable aspect of the TLD005 results is the indication of cobalt (Co) likely existing in sulphide form, which is not always associated with copper mineralization. This observation suggests an underlying gabbro, indicating a possible magmatic sulphide source for the copper deposit. This discovery is critical for Redstone’s ongoing exploration strategy, as it enhances the potential for finding deposits similar to the renowned Voisey’s Bay magmatic copper-nickel-cobalt-platinum group element deposits.
The findings from TLD005 are compelling as they reveal a previously undocumented zone of copper mineralization isolated from known surface occurrences. Unlike other drilling campaigns at Tollu, where mineral veins are visible at the surface, these new intersections imply that significantly more copper mineralization remains to be uncovered.
Future exploration strategies
In light of these encouraging results, Chairman Richard Homsany expressed enthusiasm regarding advancements at the West Musgrave copper project. He emphasized that findings from TLD005 have notably expanded the boundaries of known Tollu copper mineralization, indicating a more extensive and deeper mineralizing system than previously conceived.
Redstone is currently developing follow-up drilling plans aimed at further exploring these promising findings. The company anticipates that the next phase of drilling will yield additional insights into the mineralization potential at Tollu.
As exploration continues, stakeholders remain optimistic about the project’s future and the potential for uncovering significant new resources in the region. The implications of these findings could significantly impact not only Redstone but the broader mining industry, marking a pivotal moment in copper exploration within Western Australia.
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