Recently AML completed a historic review of geochemical data for the Yalcowinna tenement which indicated a belt of copper and copper-cobalt mineralisation located to the northeast of Broken Hill extends for over 25 kilometres. Copper mineralisation was previously identified during field mapping by the NSW Geological Survey and former explorers.
The review studied the data from 723 surface rock chip analyses, 126 of which were collected by AML.
Key points include:
• 107 or 14% of all samples contain greater than or equal to 0.5% copper
• 58 samples returned 2% copper or more with a maximum value of 37.7% recorded at Fairy Hill
• 90 or 12% of all samples contain greater than or equal to 200 ppm cobalt with a maximum value of 0.23% cobalt recorded at Parnalleroo Follow-up work continues within the licence with preliminary rock chip sampling and IP surveys ongoing at Yalcowinna Creek, with numerous copper-cobalt prospects identified within the Yalcowinna tenement.The Company has also initiated a trial induced polarisation survey to map copper sulphide mineralisation.