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- Traka Resources (TKL) has received another round of “encouraging” results from drilling at its Mt Cattlin Project, intercepting high-grade gold and copper
- Results stem from drilling in December 2021 on the gold-copper project, located in the Ravensthorpe Greenstone Belt in the south-west of WA
- The company says the results continue to highlight the project’s potential to host significant mineralisation across multiple targets
- Assays include 1 metre at 18.9 grams per tonne (g/t) gold, and 7 metres at 5.91 g/t gold, 1.56 per cent copper from 86 metre downhole including 1 metre at 8.96 g/t gold and 1.56 per cent Cu and 1 metre at 14 g/t gold and 2.33 per cent copper
- Traka Resources opened the day trading in the grey at 1.1 cents
Traka Resources (TKL) has received another round of “encouraging” results from drilling at its Mt Cattlin Project in Western Australia, which continues to intercept high-grade gold and copper.
Results stem from drilling in December 2021 on the gold-copper project, located in the Ravensthorpe Greenstone Belt in the southwest of WA, immediately adjacent to the Mt. Cattlin lithium mine.
The results continue to highlight the potential of the Mt. Cattlin Project to host significant mineralisation across multiple targets, according to the company.
The latest assays provide a strong foundation for ongoing exploration this year.
Drilling was conducted at the Revival, Maori Prince, Maori Chief and Revelation prospects, which are all hosted within a large porphyry intrusive complex.
At Revival, drilling near historical, small and shallow prospector pits intersected shallow
high-grade intrusive-related gold and copper mineralisation within a 50 metere wide zone.
Assays from Revival include 1 metre at 18.9 grams per tonne (g/t) gold, and 7 metres at 5.91 g/t gold, 1.56 per cent copper from 86 metre downhole including 1 metre at 8.96 g/t gold and 1.56 per cent Cu and 1 metre at 14 g/t gold and 2.33 per cent copper.
At Maori Prince and Maori Chief, drilling tested around previous high-grade intercepts of
gold.
At Maori Prince and Maori Chief, drilling tested around previous high-grade intercepts of 4 metre at 20.4 g/t gold including 1 metre at 79 g/t gold in RAGC056 (Maori Prince) and 4 metre at 2.35 g/t including 2 metre at 4.16 g/t gold (Maori Chief)
Results from drilling at Revelation confirmed mineralisation extends into the main body
of the intrusive and north-east from the previous intersections associated with networked
stringer sulphides and DHEM anomalies.
Traka’s subsequent deeper drilling at Revival and at the other targets such as Ellendale continues to demonstrate the potential for deeper mineralisation not adequately tested by historical drilling.
At Revelation, one additional hole drilled into a previously defined 400m-long mineralised intrusive returned a peak intersection of 1 metre at 0.6g/t gold, 5.32g/t Ag and 0.60 per cent copper from 178 metre down-hole
“While it’s still very early days, each new round of assay results is providing us with a clearer understanding of the geology and structural controls on the mineralisation at Mt. Cattlin, with plenty of encouragement that we have the potential to define a large-scale mineralised intrusive system,” said Traka Managing Director Patrick Verbeek.
“These latest results confirm and extend the mineralisation at the Revival, Maori Prince and Revelation prospects, which we believe may form part of a large-scale porphyry intrusive complex.
“We still have a large number of assay results yet to be received from the latest round of drilling, so once these results have been received and collated, we will then commence planning the next steps in our exploration program.”
Traka Resources opened the day trading in the grey at 1.1 cents at 10:45 am AEDT.
