Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Maiden Drilling Program at Ti-Tree Completed

by December 14, 2023
December 14, 2023
Maiden Drilling Program at Ti-Tree Completed

Augustus Minerals (ASX: AUG; “Augustus” or the “Company”) is pleased to advise of the completion of its maiden drilling campaign at its 100% owned Ti-Tree project in the Gascoyne region of Western Australia.

9,086m drilled in 78 holes across six project areasCampaign designed to test extensive surface mineralisation identified through soil sampling and rock chip analysisVisual observations of copper sulphide mineralisation in quartz veining in multiple holes at depthAssays are due back progressively over the coming weeks.Exploration and drilling activities to re-commence in Q1 2024

The drilling campaign included 78 holes totalling 9,086m of Reverse Circulation (RC) drilling. The program consisted of discovery drilling only and was designed to confirm historical results and to test near surface mineralisation at depth and along strike, with drilling having been limited to approximately 70m vertical depth.

Holes in the Crawfords, Nic’s Bore and Copper Ridge areas also intersected some visible disseminated mineralisation within quartz veins in the form of pyrite, malachite and chalcopyrite and assay are awaited.

Andrew Reid, Managing Director

“Our maiden drilling campaign following the IPO in May 2023 is now completed and has been a great success. The campaign was designed to test for mineralisation both at near surface and at depth and resulted in visually identifying mineralisation/veining in the majority of drill holes at our Minnie Springs copper-molybdenum-gold project.

Minnie Springs could represent a sizeable porphyry hosted copper deposit with the next step to be the completion of drilling in the remaining 50% of the copper-in-soil anomaly yet to be tested during the next drilling campaign in Q1 2024.”

The second northern-most line at Minnie Springs (Figure 2. MSRC 010 – 012) intersected multiple zones of copper sulphide mineralisation1 co-incident with chlorite-epidote alteration in hole MSRC012, which is characteristic of propylitic alteration commonly seen in in porphyry copper-molybdenum-gold deposits.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
FTC reveals new rule targeting auto dealership scams
next post
EMU Records Gold Assays to 36.1 g/t – Georgetown, Queensland

Related Posts

Silver47 Announces Graduation to Tier 1 Status on...

May 23, 2025

Lancaster Resources Receives Drill Permit Approval for Alkali...

April 30, 2024

ARway.ai The Spatial Computing Platform Signs New Deal...

January 24, 2024

Rio Tinto, Eurodia Team Up for Argentina Lithium...

February 8, 2025

Jeff Clark: Juniors “Dramatically Oversold,” is This a...

November 14, 2023

Thom Calandra: Gold’s “Stealth Rally” Already Starting to...

March 25, 2024

10 Largest Producers of Gold by Country (Updated...

February 23, 2024

EB Tucker: Gold to Maintain All-time Highs, Focus...

February 6, 2024

Galena Mining

January 19, 2024

Which Lithium Juniors Have Supply Deals With EV...

August 4, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Joe Rabil’s Undercut & Rally Pattern: From DROP to POP

    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

    • Coelacanth Energy

    • Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers

    • Ericsson, Rogers Launch Canada’s First Underground 5G Network for Smart Mining

    • Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump

    Categories

    • Business (1,259)
    • Investing (2,583)
    • Politics (3,699)
    • Stocks (1,669)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved