Enterprise Metals have now outlined laterite gold mineralization within deep oxide zone overlying elevated copper in transition zone at the Vulcan Prospect.
Highlights from the latest air core drill holes include DNAC384 8 meters at 3.0 gram per tonne gold from 44 meters and DNAC385 12 meters at 1.4 gram per tonne gold from 36 meters and 12 meters at 323 ppm copper,875 ppm As 111 ppm Pb,127 ppm Zn.
The company said that the results have outlined a plunging pipe like zone of oxide gold mineralization which is interpreted to overlie primary sulphide mineralization with deeper reverse circulation drilling required in early 2013 to test this interpretation.
Importantly the anomalous gold and copper results in regolith suggest a plunging DeGrussa style shoot of approximate dimensions of 150 meters long by 20 meters to 30 meters wide southerly dip 700&plunge 600 to SE.
Dr Jingbin Wang chairman of Enterprise Metals said that"I am very encouraged by the infill aircore drill results because they have firmed up our model for the Vulcan area,and have outlined a primary zone RC drill target for early 2013 where we hope to discover economic copper/gold mineralization.The Company also has other copper and gold soil and aircore drill hole anomalies to the northeast and southwest of Vulcan where further infill aircore drilling will be required in early 2013."
