Cobre Ltd (ASX:CBE) has commenced diamond drilling at the Perrinvale Project in WA targeting an extension of the high-grade VMS (volcanogenic massive sulphide) mineralisation identified last year.
The first phase of the exploration program will include about 1000 metres of diamond core holes at the Zinco Lago, Schwabe and Monti Prospects.
Drilling at Zinco Largo Prospect
Cobre executive chairman and managing director Martin Holland: “I am pleased to announce that Cobre has commenced the first stage of our exploration program in a timely manner so shortly after the companys ASX listing last Friday.
“I will be travelling to site in the very near future to join the members of our team already overseeing operations and look forward to inspecting the drilling results to that point.
“Cobre will continue to update the market with the results of our exploration program as they are received.”
Due to site logistics and ground conditions, the Zinco Lago Prospect is being drilled first and will investigate the historically reported near-surface copper and zinc drilling results from the 1970s.
The drill rig will Read More – Source
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