- Alice Queen (AQX) will soon kick off a diamond drilling program at its Boda East prospect on the Yarindury project in New South Wales
- Drilling will test beneath previous drilling which Alice Queen says intersected significant zones of anomalous to ore grade copper and gold
- The program is scheduled to start on October 4 and it’s expected to take four weeks to complete
- Shares in Alice Queen are trading steady at 0.3 cents at 1:47 pm AEST
Alice Queen (AQX) will soon commence its diamond drilling program its Boda East prospect within the Yarindury project in New South Wales.
This drilling program has been designed to test beneath previous drilling which reportedly intersected significant zones of copper and gold in 20BEDH001 which was drilled in a copper-gold-molybdenum porphyry system.
The first hole, 22BEDH011, will target a depth of approximately 900 metres, deeper than the intersections of the drill hole 20BEDH001.
“The new drill hole will test deeper beneath these 20BEDH001 vein intersections, which could be high level ‘leakage’ veins above a deposit,” Chief Technical Advisor John Holliday said.
“It is noteworthy that deeper drilling beneath such a leakage vein led to the discovery of the Cadia Ridgeway deposit by Newcrest Mining in 1996.”
The most intersection from 20BEDH001 include a metre at 0.9 per cent copper and 0.07 grams per tonne (g/t) gold from 326 metres with observable bornite and a metre at 0.62 per cent copper and 0.13 g/t gold from 435 metres with observable chalcopyrite.
Drilling is scheduled to start on October 4 and is expected to take around four weeks to complete.
Shares in Alice Queen were trading steady at 0.3 cents at 1:47 pm AEST.