Alice Queen Limited (ASX:AQX) has obtained further positive results from the Boda East diamond drilling programme at its Yarindury Project (EL-8646), located in the Lachlan Fold Belt, NSW.
Managing Director, Andrew Buxton, said all results have now been returned from the Boda East drilling, with the better results clearly demonstrating they are associated with the magnetic intrusive complex where they have targeted the bulk of drilling.
We are continuing our work programme to better understand the nature and further potential of this area,” he said.
The remaining results from the previously reported ten-hole diamond programme targeting Cu-Au bearing porphyry systems in a magnetic intrusive complex at Boda East confirm the persistence of the discrete diorite-monzonite dykes hosted by shoshonitic mafic to intermediate volcanic rocks.
Further discrete intercepts of mineralisation were identified along the western trend, supported by results from 20BEDH007 & 20BEDH009. There is evidence that the mineralisation may persist ~800m to the north in 21BEDH010, with some elevated zones of copper being present. The northern area remains open.
The best results to date lie in the vicinity of holes 20BEDH001 and 20BEDH007 with discrete Cu-Au-Mo intercepts and surrounding disseminated sulphideswest of the Limestone Fault, where the drill programme was targeted.
MrBuxton said that considering that the significant Boda prospect lies less than two km to the west, an ongoing review will continue with the aim of understanding the nature of the intrusions and further Cu-Au potential at Boda East.
Better Cu-Au intercepts recently returned include:
- 20BEDH007: 7m @ 0.03 g/t Au and 0.28 % Cu from 561m; including 1m @ 0.14 g/t Au & 1.03% Cu from 566m;
- 20BEDH009: 5m @ 0.01 g/t Au and 0.19% Cu from 185m; and
- 20BEDH0: 10:3m @ 0.01 g/t Au and 0.11% Cu from 696m
MrBuxton said some elevated zones of copper in hole 20BEDH010 indicate the northern area remains open, large areas east and at depth also remain untested.