- Encounter Resources (ENR) will start diamond drilling at Lamil and East Thomson’s copper and gold projects in the Paterson Province of WA
- Drilling at Lamil is targeting the Dune Prospect, aiming to extend a number of reverse circulation (RC) holes that contain copper and gold mineralisation
- At East Thomson drilling will target the southwest extension of the high-grade reef previously intersected
- Both drilling programs will commence next month
- On the market this afternoon, Encounter is down 7.69 per cent and is trading at 18 cents per share
Encounter Resources (ENR) will commence diamond drilling at Lamil and East Thomson’s copper and gold projects in the Paterson Province of WA.
Lamil Project
Lamil is 25 kilometres northwest of a major copper and gold mine at Telfer owned by Newcrest Mining (NCM).
Drilling at Lamil is targeting the Dune Prospect, aiming to extend a number of reverse circulation (RC) holes that contain copper and gold mineralisation.
Results from this prospect include 132 metres at 0.31g/t gold and 0.11 per cent copper from 87 metres to end of hole.
Drilling at this project is expected to commence next month.
East Thomson’s Dome Project
East Thomson is 5 kilometres from Telfer and has a similar geological setting of high-grade reefs at the gold project.
Previous drilling results at the project include 6 metres at 9.0g/t of gold from 178 metres at hole ETG0045
The diamond drilling program will be completed at East Thomson in June or July. Drilling will target the southwest extension of the high-grade reef intersected in ETG0045.
On the market this afternoon, Encounter is down 7.69 per cent and is trading at 18 cents per share at 1:34 pm AEST.