- Aeon Metals (AML) encounters further “exceptional” copper and cobalt results at its Walford Creek project in northwest Queensland
- Results have been received from recent drilling at the Amy and Amy West areas, at which Aeon struck its best copper and cobalt grades to date
- The company hit up to 1.78 per cent copper and 0.33 per cent cobalt, as well as 1.5 per cent lead, 0.38 per cent zinc, 0.08 per cent nickel and 37.5 grams of silver per tonne
- Results are pending for further step-out holes to the east that Aeon says show visual indications of mineralisation extension
- Aeon Metals closes 20.83 per cent higher at 2.9 cents per share
Aeon Metals (AML) has encountered further “exceptional” copper and cobalt results at its Walford Creek project in northwest Queensland.
Results have been received from recent drilling at the Amy and Amy West areas, with the best copper and cobalt grades achieved to date.
Hole WFDH548 has extended the copper-cobalt footprint at Amy West a further 90 metres east of hole WFDH378, which previously intersected 46 metres at 2.93 per cent copper equivalent.
The top 48 metres of hole WFDH548 intersected up to 1.78 per cent copper and 0.33 per cent cobalt, which marks the highest grade of each metal ever recorded at Walford Creek.
The hole also intersected 1.5 per cent lead, 0.38 per cent zinc, 0.08 per cent nickel and 37.5 grams per tonne silver.
“The drilling results announced today reinforce the potential for the Amy zone to host
significantly higher grade and thicker PY3 mineralisation than that already identified at the well-drilled Vardy and Marley zones further to the east,” Aeon CEO and Managing Director Fred Hess said.
“With today’s results, it is now likely that the Walford Creek system’s previous easterly centre of mass at Vardy and Marley zones will be joined by a higher grade westerly concentration of mineralisation at Amy West, thereby offering up new possibilities for mine development and potentially project scale.”
Results are pending for further step-out holes to the east in an area Aeon said had strong visual indications of mineralisation extension.
Aeon Metals closed 20.83 per cent higher at 2.9 cents per share.