Possible first commercial copper/gold mine for Broken Hill

In Latest News, Resource Extraction & Processing

Silver City Minerals (ASX: SCI) released an ASX announcement this morning stating that it will begin a 2,600 meter drilling program to test the Copper Blow Project at Broken Hill.

There are strong signs that Copper Blow could be the first copper/gold mine on the NSW side of Broken Hill as historic holes have uncovered significant intersections including:

  • 11.8 metres at 6.7% Cu, 1.92 g/t Au from 182.9m
  • 15 metres at 2.7% Cu, 0.53 g/t Au from 133.4m
  • 19.2 metres at 1.8% Cu from 234m

The company determined no systematic follow up drilling was undertaken by previous explorers to assess high grade copper-gold deposits.

Rock chip sampling concluded that in addition to copper and gold, there is also potential for cobalt, silver, molybdenum and rare earths.

You may also read!

One step closer for giant Kidston solar and pumped hydro

The world’s first integrated solar and pumped hydro hybrid project in Kidston is one step closer to being built

Read More...

Importance of the resources sector to meeting future energy needs

In its 2017 World Energy Outlook’s New Policies Scenario which is based on countries’ policies, targets and plans, the

Read More...

New energy pricing model demonstration benefiting consumers

As part of the State Government’s commitment to electricity pricing reform, a new way for customers to pay for

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu