Drilling by Geopacific Resources at the Kou Sa Copper-Gold Project in Cambodia continues to return encouraging results with Prospect 117 now to be included in an initial resource estimate.
The company says the RC and two diamond rigs currently on site have made good progress through the Cambodian wet season, which is expected to end shortly. Drilling commenced in July after the company secured funding for 12 months.
Prospect 117 is at an advanced exploration stage. A re-evaluation of previous work and the current round of drilling have for the first time enabled mineralization to be joined to form discrete, continuous zones. This work will allow Geopacific to incorporate new and previous drilling into an initial resource estimate. The true extent of the prospect remains to be tested.
The latest deeper holes in Prospect 117 have encountered strong rock alteration and mineralogy which suggests that the zones are closer to a hot deeper mineralizing source.
Recent results for this prospect include 11.9 metres from 87 metres @ 2.27% copper equivalent, including 5.5 metres from 87.9 metres @ 4.22%; 2.1 metres from 38.9 metres @ 3.01%; 3.5 metres from 21.9 metres @ 1.88%; and 9.3 metres from 62.7 metres @ 1.11, including 2 metres from 65 metres @ 2.67%.
All three of the zones identified are open at depth and in both directions along strike. Geophysics and geochemistry both indicate that there is potential for further repetitions of the current zones to the west and east.
Current and previous results combined with new and reinterpreted geophysics have led to a re-evaluation of the nature of the mineralization within the area.
This interpretation is quite different from previous assumptions. Several diamond drill holes have now confirmed that this new model appears to be correct.
Geopacific’s managing director Ron Heeks said: “The latest results continue to highlight the potential of our most advanced prospects while providing encouraging results from exploring new areas. We are focused on achieving our strategy – growing the long-term potential of Kou Sa while targeting a ‘kick-starter’ resource and completing a scoping study.
“Recent great results support our action plan and help achieve the key milestones of our strategy. Our aggressive three rig drill program continues.”
RC drilling will continue to test near-surface mineralization at Prospect 160 before moving to Prospects 120 and 190 in the coming months. A diamond rig drilling the potential feeder zone at Prospect 150 will be moved to Prospect 160 to continue testing the depth potential of the thicker zone of copper sulphide mineralization that was recently identified.