- Revolver Resources (RRR) intersects visible copper and zinc sulphides from the first three diamond holes at the Dianne Project in Queensland
- These three holes were drilled to confirm the copper grade and to deliver material for metallurgical testing from the massive sulphide body
- While assays are pending, all three holes intersected the presence of abundant visible copper and zinc mineralisation
- Best results come from hole three, which returned a 6.95 metre interval of pyrite-chalcopyrite-sphalerite mineralisation
- Revolver is up 24.3 per cent on the market with shares trading at 43.5 cents
Revolver Resources (RRR) has intersected visible copper and zinc sulphides from the first three diamond holes at the Dianne Project.
The Dianne Project lies 260 kilometres from Cairns in far north Queensland and consists of six active mining leases and one exploration permit.
These three holes were drilled to confirm the copper grade and to deliver material for metallurgical testing from the massive sulphide body.
While assays are pending, all three had the presence of abundant visible copper and zinc mineralisation.
Hole 21DMDD003 returned an intersection of 6.95 metres from 145.95 metres of massive chalcopyrite-sphalerite-pyrite mineralisation.
Visual estimates suggest the massive sulphide interval is over 90 per cent total sulphide, with other sections estimated to be up to 20 per cent sphalerite.
Holes 21DMDD001 and 21DMDD002 were drilled into the Green Zone intersected 47.1 metres of secondary copper mineralisation from 0.8 metres and 50.6 metres from 0.7 metres of secondary copper mineralisation, respectively.
Rover is now recovering and validating historical drill hole data from the Green Zone and will announce these intersections in the near future.
Managing Director Pat Williams is thrilled by these early results.
“We are thrilled with the early drill results achieved at our Dianne Project. This asset clearly demonstrates the hallmark signs of an exceptional mineral deposit,” Mr Williams commented.
“We are now in a position to deliver our initial mineral resource estimate well ahead of our original IPO timelines, aiming for the beginning of Q2 2022.”
Revolver was up 24.3 per cent on the market, with shares trading at 43.5 cents at 11:58 am AEDT.