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Castillo Copper (ASX:CCZ) confirms 6km copper target in Zambia

Mining
ASX:CCZ      MCAP $6.498M
03 September 2020 13:45 (AEST)
Castillo Copper (ASX:CCZ) - Managing Director, Simon Paull

Source: The Market Herald

Castillo Copper (CCZ) has received encouraging results from its recent infill soil geochemical sampling program at the Luanshya Project in Zambia.

The program aimed to reduce the sample and line spacing in the anomalous area that was identified by the previous sampling conducted in April this year.

The company collected 765 samples and the results showed copper in soil anomalies up to 2664.8 parts per million copper.

“Notably, the infill results from the Luanshya Project clearly underscore the potential exploration upside along the circa 6km strike,” Managing Director Simon Paull said.

Consequently, Castillo was able to outline sharp boundaries that contain anomalous copper mineralisation over an extensive six-kilometre strike length.

To test the copper mineralisation further, the geology team are planning to dig five trenches for a total length of around 1500 metres. Once the results have been reviewed, an induced polarisation (IP) survey will be conducted to identify geophysical anomalies at depth.

Following this, Castillo will begin planning a drilling program to test priority targets.

Additionally, Castillo’s geology team have been conducting an infill soil program at the Mkushi Project and the results are expected shortly.

Company shares are up 6.52 per cent and trading for 4.9 cents at 12:55 pm AEST.

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