REVIEW OF RECENT ACTIVITIES
• The Byrock Project’s initial ‘boots on the ground’ field assessment is underway, with IP and air magnetic crews on site. The geophysics programs will validate the Cu-Au porphyry targets T47 and T55 and Cobar-style targets CS03 and CS13.
• IP geophysics survey of CS03, CS13, T47 and T55 Prospects 70% complete – now on a weather hold due to heavy rains
• Passive seismic 100% complete at T47 and T55 Prospects; results to be integrated with IP surveys
• The airborne magnetic crew finished yesterday and is 100% complete
• ELA6855 has been granted (as EL9746), allowing exploration of Prospect T55 to commence
• First site visit to Rocky Ned Goldfield for structural mapping and assessment by the company’s gold specialist, Dr Paul Kitto – a follow-up desktop tectonostratigraphic analysis to commence in April
• Positive engagement with landowners has ensured full access to Rocky Ned Goldfield, Prospects T47, T55, and CS13. Access to most of Prospect CS03 is in place, and positive discussions are underway to access the adjacent paddock to enable the completion of IP and EM surveys.
Click to enlarge map
Location and regional tenement map of the Byrock Project
Neighbours, operating mines, geochronology dates (magmatic U/Pb) of mineralisation events of significant deposits in the region – background image solid geology. The Company’s new interpretation** is the Macquarie Arc extends under cover to the northwest of the conventional North-South corridor across to the Byrock Project.
UPCOMING EXPLORATION WORK (APRIL-MAY)
• Completion of Drill Target validation of Prospects T47, T55, CS03 and CS13 by way of magnetic, IP and EM geophysics surveys shortly
• Follow-up desktop tectonostratigraphic analysis of the gold potential of the region using results from the magnetics survey and insights from Dr Kitto’s recent mapping and initial assessment
• Use the new airborne magnetics and radiometric data acquired to identify potential Cu-Au porphyry, orogenic gold and Cobar-style targets
• Rank all drill targets and commence application for drilling permits
• Results will be released progressively over the next 2 to 8 weeks
MORE INVESTOR UPDATES
Copper Search Podcast
EP01: Heavy Mineral Sands
Today, we’re also trying something a bit different. We have released the first episode of the NEW Copper Search Podcast.
Investor Presentation: Heavy Mineral Sands Focus
Copper Search Ltd (ASX: CUS) is pleased to announce newly identified heavy mineral sands potential at the Company’s Peake Project in South Australia.
Conditions Precedent Satisfied on the Theseus Copper Gold Project
Copper Search has secured a strategic 944km2 ground position in the Macquarie Arc – Lachlan Fold Belt, NSW
Entitlement Offer Prospectus
Copper Search Ltd (ASX: CUS) is pleased to offer all Eligible Shareholders the opportunity to participate in an Entitlement Offer.
Successful Placement Completed & Rights Issue To Open
Copper Search Ltd (ASX: CUS) is pleased to advise that it has successfully completed a capital raise to fund exploration and project generation for Heavy Mineral Sands (HMS) in South Australia (SA) and working capital.
Heavy Mineral Sands Targets Identified At The Peake Project
Copper Search Ltd (ASX: CUS) is pleased to announce newly identified heavy mineral sands potential at the Company’s Peake Project in South Australia.