- Encounter Resources (ENR) release copper assays for a six-kilometre strike at its Northern Territory based Sandover tenement
- ENR results confirm copper mineralisation up to 20.9 per cent of copper at four separate areas totalling the strike
- Additional outcropping shale units containing copper mineralisation have been mapped and extended for more than 20 kilometres of strike
- Further on-ground mapping and sampling are planned for March or April next year
- Encounter shares have shot up by 19.2 per cent and were traded for 15.5 cents a share
Encounter Resources (ENR) has released copper assays for a six-kilometre strike at its Northern Territory based Sandover tenement.
ENR results confirmed copper mineralisation up to 20.9 per cent of copper at four separate areas totalling the strike.
Additional outcropping shale units containing copper mineralisation have been mapped and extended for more than 20 kilometres of strike.
According to the announcement, the copper mineralisation at Sandover is similar in age and setting to the giant deposits of the Zambian copper belt.
A historic airborne electromagnetic survey covered part of the outcropped copper-bearing horizon and is being processed to aid in target identification.
Further on-ground mapping and sampling have been planned for March or April next year.
“The confirmation of outcropping high-grade copper over a large area is a promising start
to exploration at Sandover. Sandover covers a Zambian copper belt aged, sub-basin on the southern margin of the Georgina Basin, approximately 170 kilometres north of Alice Springs,” Managing Director, Will Robinson said.
“Further areas of interest have been identified at Sandover and will be sampled at the start of the 2022 field season.
“We are engaging with experts in Zambian style copper deposits to assist in the design of exploration programs to fast track this emerging copper opportunity in the Northern Territory.”
Encounter shares have shot up by 19.2 per cent and were traded for 15.5 cents a share at 2:21 pm AEDT.