Business · Energy & Commodities · 13 hrs ago

Parbo Resources begins first reverse-circulation drilling campaign

Parbo Resources begins first reverse-circulation drilling campaign

Parbo Resources has begun its first reverse-circulation drilling campaign near Meekatharra in Western Australia, testing for gold and copper-gold.

The 11-hole campaign will cover about 2,450 metres across Mount Padbury and the nearby Bryah Basin project.

It follows 5,460 metres of aircore drilling, with samples from 54 holes at two prospects sent for testing.

The company is investigating rock formations hidden beneath granite cover, using earlier drilling and geophysical surveys to choose targets.

At Narracoota, six holes will test deeper copper-gold targets that the company thinks earlier shallow drilling may have missed.

Assay results and down-hole surveys will guide any further work, including possible diamond drilling.

That follow-up is conditional on the results, and the company plans electromagnetic surveys after the current drilling.

1 source

Related

What people are saying

Tim CampbellParbo Resources chief executive officer
We are excited to be moving straight into RC drilling following the successful completion of our second aircore program, marking another important step forward in our exploration strategy, just weeks after listing on the ASX.
via Stockhead
We now have an opportunity to test this exciting geological model at depth, including along the interpreted extension of the Plutonic-Marymia (K2) structural corridor.
via Stockhead
Meanwhile, at Narracoota we are also preparing to test priority copper-gold targets where modern geophysics suggests that historical drilling may have narrowly missed the primary target zones.
via Stockhead