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Revolver Resources (ASX:RRR) reveal potential copper mineralization

ASX News, Mining
ASX:RRR      MCAP $20.77M
15 December 2021 15:26 (AEST)

Revolver Resources Holdings (RRR) identified a new trend of copper mineralization anomalies located at the Dianne property that have been targeted for drill testing.

High priority anomalies have been identified and are being prioritized for drill testing during December.

The series of priority anomalies by the massive sulphide body may represent further concealed untested sulphide mineralization.

The IP survey totals 12.6-line kilometres with line spacings perpendicular to the strike trend of the massive sulphide body.

The survey also includes two test lines over the new Silica Ridge target for the Dianne pit.

2D processing of IP section lines 21700N and 21800N has been completed.

Once all lines are finalised, the combined 2D sections will be modelled in 3D to assist with drill target selection.

Line 21700N has successfully outlined a moderate intensity chargeability anomaly and resistivity low coincident to the deposit.

This information helps fingerprint characteristics of the deposit with a chargeability anomaly spatially correlating to the nearby area.

A series of additional anomalies that warrant drill testing has also been identified along this survey line.

Revolver Resources is focused on the development of natural resources for the world’s accelerating electrification.

Its near-term focus is copper exploration in proven Australian jurisdictions.

Revolver Resources shares are up 16.7 per cent, trading at 45.5 cents at 3:23 pm AEDT.

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