- Horseshoe Metals (HOR) completes phase two reverse circulation (RC) drilling at its Horseshoe Lights Copper-Gold Project in Western Australia
- Throughout April and May, 21 RC holes were drilled to target the northern portion of the Motters strike where previous drilling intersected significant copper mineralisation
- All samples have been sent to Perth for analysis and will be reported on as they become available
- Further drilling has been planned to test the southern extension of Motters where previous drilling has intersected significant copper mineralisation
- Horseshoe Metals ends the day 9.09 per cent in the red with shares trading at three cents
Horseshoe Metals (HOR) has completed phase two reverse circulation (RC) drilling at its Horseshoe Lights Copper-Gold Project in Western Australia.
Throughout April and May, Horseshoe Metals drilled 21 RC holes, for around 2966 metres, to target the Motters strike.
The aim of the phase two drilling was to test the northern portion of the Motters strike where previous RC and diamond drilling intersected significant copper mineralisation.
A further 70 holes, for 778 metres, were drilled at various stockpiles created during previous mining programs.
All samples have been sent to Perth for analysis and will be reported on as they become available.
Phase one drilling was undertaken last year and returned results of 22 metres at 1.87 per cent copper from 12 metres, 26 metres at 1.31 per cent copper from six metres and 45 metres at 1.22 per cent copper from two metres.
Both phases one and two confirmed the interpretation of the mineralisation at the north of Motters prior to drilling being undertaken to the south.
Further drilling has been planned to test the southern extension of Motters where previous drilling has intersected significant copper mineralisation.
Horseshoe Metals has ended the day 9.09 per cent in the red with shares trading at three cents.