Drilling at Medusa Mining’s Lingig Copper Project has continued to intersect copper mineralization in two geological settings.
Medusa’s Philippines subsidiary Philsaga Mining is carrying out the work.
Basalt-hosted mineralization at what is now called the Basalt Prospect is within basaltic and doleritic rocks around the 1974 discovery area. This mineralization appears to form a large north plunging body presumed to be still open to the north down-plunge.
The most recent and most northerly drill hole returned 154.60 metres @ 0.45% copper with the last 45.90 metres averaging 0.65% copper at a 0.3% copper cut-off. It was abandoned in strong mineralization.
It is interpreted that the bottom section of this mineralization may be faulted-off by the underlying thrust fault and the rest of the mineralized zone is yet to be located. Further drilling is required.
Breccia-hosted mineralization at what is now called the Breccia Prospect has continued to be located associated with intense biotitic alteration in dioritic, polylithic hydrothermal breccias.
The breccia body is tabular and open to the south with copper mineralization in intensely altered hydrothermal breccias with the most recent intersections of 154.7 metres @ 0.19% copper and 86.0 metres @ 0.12% copper. Further drilling is required.
Medusa’s managing director Geoff Davis says, “We continue to make good progress in unravelling the mineralization and its controls at Lingig.
“Whilst the basalt-hosted mineralization appears to be open down-plunge and with the potential to develop into a larger body of mineralization, at the breccia-hosted mineralization we are now demonstrating copper mineralization within a large breccia body with porphyry copper associations and which is open to the south.
“The company’s copper portfolio is expanding with the recent discovery of the Usa copper-gold porphyry target. Further work is expected to continue to add value to these exploration targets.”
www.medusamining.com.au

 

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