- Malachite-rich gossanous material identified across multiple locations
- Portable XRF analysis returned indicative copper readings
- Results build on previous laboratory rock-chip assays which confirmed copper-gold mineralisation
- Follow-up systematic mapping and sampling to advance targets for potential drilling
Voltaic Strategic Resources (ASX: VSR) has received positive initial results from first-stage field work at the El Dinero prospect within its Meekatharra project, Western Australia.
.png)
Field reconnaissance has identified malachite-rich, highly weathered gossanous material at multiple locations within an approximately 100m area.
Preliminary pXRF analysis of selected visibly copper-mineralised portions of four rock samples returned indicative copper readings warranting further investigation, with laboratory analysis now underway.
The latest observations build on previous exploration at El Dinero, where laboratory rock-chip assays announced in June 2024 confirmed copper-gold mineralisation, including up to 2.57% copper and 2.25 grams per tonne (g/t) gold.
Chairman, Daniel Raihani, said the current field observations therefore represent follow-up evidence of copper mineralisation within an established copper-gold exploration target.
“These are encouraging early observations from our return to field exploration at Meekatharra,” Mr Raihani said.
“Importantly, El Dinero is not a new copper occurrence, with previous laboratory rock-chip assays having confirmed copper-gold mineralisation at the prospect, including up to 2.57% copper and 2.25 g/t gold. The identification of further malachite-rich material across multiple locations provides a clear basis for systematic follow-up work.
“Our immediate priority is to complete laboratory analysis of the samples collected and return to the field to better define the extent of the mineralised system and develop targets for potential drilling.”
The company will now progress relevant heritage, access and permitting requirements to facilitate potential future drilling. Results from the current laboratory program and follow-up field work will be used to refine and prioritise targets for potential maiden drilling at El Dinero.
VSR was steady at 2.8¢. Mkt cap $15.96M.
Join the discussion: See what HotCopper users are saying about Voltaic Strategic Resources now and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.