Unique Crypto Strategies
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Unique Crypto Strategies

Investing

Justinian Cu-Au Prospect Extended Over 3km with 5.3g/t Au and Cu to 16%

by October 22, 2024
October 22, 2024
Justinian Cu-Au Prospect Extended Over 3km with 5.3g/t Au and Cu to 16%

Augustus Minerals (ASX: AUG; Augustus or the Company) is pleased to announce the latest soil sampling and follow-up rock chip results from the Company’s Ti-Tree project. Review of soil sampling data from the program started earlier in the year has identified several new targets (Justinian) and/or extensions to existing prospects (Crawford in the west of the project area) and possible extensions to Coo Creek.

Augustus Minerals has received new assays from ongoing soil sampling and rock chip sampling programs conducted on the Justinian prospect and adjacent areas at the Ti- Tree Project, in Western Australia

High grade rock chips assaying up to 16% copper and up to 5.32g/t gold have been identified from field work over a 3.3 x 1.1km areaThe copper and gold identified in rock chips supports the anomalous soil sampling results from the recent regional survey.The soil and rock chip results define areas of Cu and Au anomalism related to splays of the Ti-Tree Shear wrapping around the Crawford Granite.Other anomalous soils have identified areas for further mapping and rock chip sampling north and west of Crawford Bore, and west of Coo Creek Broken Hill Style target.Elevated copper and lead in soils identified on a NE trending shear at Howell’s GapStrong base metal anomalism over the Moogooree carbonate hosted Zn-Pb target.

Mapping and field work is continuing to increase the definition and tenor of anomalies to drill targets for future programs.

The soil samples, sieved in the field to pass -80#, were scanned by Portable Spectral Services (PSS) at their West Perth office under controlled conditions. In the western Ti-Tree area, above background levels of Cu, Pb and Zn were returned which defined adjacent or frequently coincident trends (Figure 2). Figure 3 shows Cu-in-soils and copper in rock chips. The validity of the soil anomalies was validated by some overlap between historic sampling using traditional wet assay methods and the new pXRF data.

Gold-in-soils was determined by 50g Fire Assay at Intertek’s Perth laboratory.

Justinian Prospect

Review of soil sampling data from the regional soil program has identified several new targets and/or extensions to existing prospects.

Previous rock chip sampling1 identified gold to 10.1g/t at Justinian (Figures 1 and 2). Further rock chips within the soil anomaly have returned assays to 5.32g/t Au (WA001301) and 16% Cu (WA001310) (Table 1).

Justinian also shows anomalous levels of lead and zinc (Figure 2).

The mineralisation is dominantly hosted within the Leake Springs Metamorphics, a complex package of pelitic schist and fine-grained often garnet rich psammite.

Figures 3 and 4 show Au and Cu respectively in soil (pXRF results) and rock chips (four acid digest or aqua regia digest) at the Justinian prospect. The validity of the soil anomalies was validated by some overlap between historic sampling using traditional wet assay methods and the new pXRF data.

The Justinian prospect has been extended to cover a 3.2km x 1.1km area containing several distinct soil anomalies which appear to be coincident with diffracted splays of the Ti-Tree Shear around the Crawford Granite intrusions. It is possible that the diffraction around the more rigid granite bodies is causing dilation where the Ti-Tree Shear splays penetrate the host Leake Springs Metamorphics.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Austin warns ‘no silver bullet’ to defeat Putin as US aid hangs in balance ahead of elections
next post
First Helium Announces Upsize of Private Placement

You may also like

Jp Cortez: Gold, Silver in Sound Money Renaissance,...

Canadian Critical Minerals Generates USD$179,000 in Revenue from...

World Copper Provides Update

Excellent Metallurgical Results at Hotinvaara Enhance Entire Pulju...

Top 5 Most-popular Uranium Stories of 2024

Rio Tinto’s Ongoing Fight Against Workplace Harassment

Altech – Second Offtake for CERENERGY GridPacks

Crypto Market Recap: Trump Signs First Crypto Bill,...

1911 Gold: Near-term Gold Production, Development Potential in...

Ascot Resources Seeks TSX Exemption for Financing, Looks...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    • Investing in Uranium ETFs: 9 Options for Uranium Exposure

    • Trump says 80% tariff on China ‘seems right’ ahead of weekend talks with Beijing

    • Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    • 7 Copper ETFs and ETNs

    Categories

    • Business (439)
    • Investing (2,073)
    • Politics (3,428)
    • Uncategorized (1)
    • World (2,187)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: uniquecryptostrategies.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 uniquecryptostrategies.com | All Rights Reserved


    Back To Top