Green & Gold Minerals commits to hunting high-grade copper, silver and indium at Copper Hills

• Drilling to commence at Copper Hills in May
• High grade historic drill results at Copper Hills released for first time
• High grade indium, silver and copper in analysis of dump samples
• Recent reconnaissance and historic reports confirm high prospectivity

Green & Gold Minerals (ASX: GG1) is preparing to commence drilling at the Copper Hills project next month after receiving positive results from an analysis of dump samples at Copper Hills within the Herberton conductor metals project in Queensland.

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The company is exploring for a stand-alone large tonnage copper, silver, tin and indium resource, or group of resources in the minerals rich district.

The Herberton area is best known for historic tin mining, however the mineral field also contains a large copper and silver dominant zone in which GG1’s tenements are located, and a separate silver, lead and zinc dominant zone.

The copper-silver prospects within the company’s tenure remain virtually unexplored in the modern era, however, high-grade historic drill and rock chip results indicate potential to define significant copper, silver, indium, and tin resources.

Copper Hills comprises a group of historic copper and silver mines that were worked from the late 1800s to the early 1900s. Reconnaissance sampling and mapping were conducted by the companyin preparation for drilling at Copper Hills.

Portable XRF readings were taken from samples collected from the mine dumps. In addition, rock chip samples from the mine dumps have been collected and submitted for laboratory analysis.

The XRF results consistently confirm the presence of copper (up to 35%), silver (up to 486 g/t), and indium (up to 774 grams per tonne) as the main metals of economic interest at Copper Hills.

Historic drilling results confirmws that copper and silver are the main metals of interest at Copper Hills with accessory zinc and lead in drilling and the presence of indium suggested by portable XRF readings in rock chips.

Portable XRF readings were also taken on selected samples from the mine dumps at Copper Hills and Copper Hills West. The results indicate enrichment in copper, silver and indium.

Indium is on QLD’s critical mineral list and used in AI chips and display screens. Indium was not assayed for in historic drilling and its presence boosts the economic potential of the prospect.

GG1 is down 3.70% to 13.0¢. Mkt cap $8.244M.

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