Golden Mile Sources Ltd (“Golden Mile”; “the Firm”; ASX: “G88”) is happy to announce multi-element assays from rock chip samples taken for geochemical orientation over the Odyssey Prospect which is contained inside the Firm’s Pearl Copper Venture (“Pearl”; “Pearl Venture”; “the Venture”).
HIGHLIGHTS
Current rock chip sampling on the Odyssey prospect, a part of the Pearl Copper Venture situated in Arizona, USA has returned distinctive assay outcomes:
- Silver assay highlights embrace: 930 g/t, 233 g/t, 274 g/t.
- Copper assay highlights embrace: 10.05%, 4.23%, 4.13%.
- Zinc assay highlights embrace: 8.09%, 7.21%, 6.33%.
Of the 14 first go rock chip samples taken to check for mineralisation at Odyssey:
- 10 samples assayed >30 g/t Silver,
- 12 samples assayed >1.5% Copper,
- 10 samples assayed > 1.0% Zinc.
Mineralisation on the Odyssey Prospect is seen on the floor with a strike size of >800m and consists of a number of NNW trending extensional veins.
These veins comprise seen copper minerals (malachite and chrysocolla) however the presence of silver and zinc mineralisation signifies a lot broader mineralisation potential.
The Odyssey prospect has by no means been drilled.
Determine 1: Odyssey Prospect hydrated copper carbonate and phyllosilicate mineralisation
While initially considered as an epithermal copper goal, the numerous, high-grade assays of not solely copper but additionally silver and zinc have expanded the distinctive prospectivity of the Venture for not solely copper but additionally multi-element epithermal mineralisation.
Golden Mile’s Managing Director Damon Dormer commented: “These outcomes – with distinctive excessive grades of copper, silver and zinc not solely broadens the mineralisation potential of the Odyssey Prospect but additionally supplies elevated confidence for extra prospects inside the Pearl Venture space. By any measure these are thrilling outcomes and can present quite a few targets for our maiden drilling program.”
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