Coziron Resources Limited (ASX:CZR) is preparing to accelerate its exploration follow-up to the successful maiden RC programme at Croydon in the “hot” Pilbara area of Western Australia.
The maiden RC drill programme at the Top Camp Prospect was headlined by results of 8 m @ 10.2g/t which included 1 m @ 66.1g/t, with 7 m @ 1.4g/t including 1 m @ 7.7g/t and with 19m @ 0.6g/t.
The wide spaced drilling identified a number of broad and high-grade intercepts in carbonate-rich, siliciclastic turbidites beneath an area of surface gold anomalism that extends over an area of about 400m wide by 1.5 km by within the faulted corridor.
The follow-up programme will include diamond drilling to provide structural and geological results for the intercepts reported from the December drilling.
An RC programme will then be used to infill and extend drilling from the holes reporting significant intervals of mineralisation.
In addition, RC drill holes are planned for the coherent gold and pathfinder- element anomalies generated by soil sampling programmes at Bottom Camp, Murph and Martin prospects.
The prospectivity of the 300 sq. km Croydon Top Camp Project for gold mineralisation is reflected by the widespread presence of gold and pathfinder-element anomalism in the database of drainage, soil, auger and rock-chip sampling completed by Creasy Group and earlier explorers over a wide area.
Chairman Adam Sierakowski said further support from other exploration activity for gold prospectivity along the Tabba Tabba has recently emerged with the De Grey Mining Limited significant discovery at their Hemi prospect.
The company is focused on expanding its first drilling success at the Croydon Top Camp project in the shadow of De Grey Mining’s growing Hemi gold project that is situated to the northeast,” Mr Sierakowski said.
“CZR has plans for further drilling and exploration across the entire tenement to follow-up areas with significant gold and pathfinder element anomalism.
“CZR is well placed to pursue its multiple exploration opportunities and will continue towards progressing these as efficiently as possible within the confines of the current global Covid-19 limitations”