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Revolver Resources Holdings Ltd (ASX:RRR) has identified numerous high priority targets at its Osprey copper project in north-west Queensland, with recent geophysics work leading the company to the conclusion that large scale Mt Isa-style epigenetic copper mineralisation could be present there.
Revolver has undertaken a detailed litho-structural interpretation over the project, seeking to highlight favourable geology buried under cover.
Fieldwork is now planned to delineate the geology of exposed bedrock in the southern part of the project tenure, in order to project the target stratigraphic horizons under cover, while later work in the fourth quarter of 2024 will comprise an artificial Intelligence (AI) overlay and ground-based geophysical program to refine and rank the identified targets.
Managing Director Pat Williams said the recent work had led to some major advancements when it came to knowing the geology of Osprey and the prospectivity for Mt Isa style copper there.
“Osprey is demonstrating high potential to be a genuine global scale discovery,” he said.
“Across the broader Osprey Project, exploration programs to date have clearly identified
permissive source rocks, structure, with evidence of large-scale hydrothermal copper bearing fluids, sedimentary faults and traps and permissive host rocks – all the elements required to host a significant Mt-Isa Style copper deposit.
This latest installment of our disciplined systematic work program has now guided us towards areas where all these elements occur in proximity, to our diamond drill campaign leading us toward an exciting Tier-1 copper discovery.
“Guided primarily by proven prospective geology, in combination with Mira Geosciences
independent AI-driven approach, we are now in the planning for phases of exploration to
specifically generate drill-ready targets for later in the field season.”
Revolver has been trading at 5 cents.
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