Latest Breaking News On - Castillo copper limited - Page 6 : vimarsana.com
Exploration Update
Australia and
Simon Paull:
Over the past few months, Castillo s geology and corporate teams have been working tirelessly behind the scenes on two fronts: the next phase of exploration for the flagship Mt Oxide Project and identifying prospective strategic partners to develop our
Zambia and With the wet season in north-west
Queensland now largely over, we have received approval from the landowner to recommence exploration activities at the Mt Oxide Project.
Our first priority is to extend known mineralisation discovered at the Big One Deposit. Currently, a team is at site conducting a geophysical survey along the line of lode. Once the geophysical results are interpreted and new targets formulated, our drilling team will complete the remainder of the campaign that was designed in late 2020.
CangaiNew-south-walesAustraliaZambiaBroken-hillCopperbeltUnited-kingdomAustralianNick-emersonSimon-paullJoe-quinlanMark-biggs Harry Chathli, Alexis Gore, Joe Quinlan Castillo Copper Limited is an Australian-based explorer primarily focused on copper across Australia and Zambia. The group is embarking on a strategic transformation to morph into a mid-tier copper group underpinned by its core projects: · The Mt Oxide project in the Mt Isa copper-belt district, north-west Queensland, which delivers significant exploration upside through having several high-grade targets and a sizeable untested anomaly within its boundaries in a copper-rich region. · Four high-quality prospective assets across Zambia s copper-belt which is the second largest copper producer in Africa. · A large tenure footprint proximal to Broken Hill s world-class deposit that is prospective for zinc-silver-lead-copper-gold.
CangaiNew-south-walesAustraliaZambiaBroken-hillCopperbeltAustralianNick-emersonMt-isaHarry-chathliAlexis-goreJoe-quinlan § 11m @ 4.40% Cu from 24m § 5m @ 7.34% Cu from 28m & § 1m @ 16.65% Cu from 29m § 14m @ 3.55% Cu from 27m, § 3m @ 10.88% Cu from 37m & § 1m @ 12.66% Cu from 37m o Sampling at Mkushi Project confirmed eight target areas with significant copper anomalism and extended strike lengths up to 4.2km next to an operating copper mine in a region proven to be highly prospective for copper-gold mineralisation Castillo has four properties comprising the Mt Oxide Project in Mt Isa s copper-belt, four assets across Zambia s copper-belt, the historic Cangai Copper Mine and a large footprint near Broken Hill s world class silver-zinc-lead deposit in New South Wales (NSW), Australia.
WylooWestern-australiaAustraliaLumwanaEasternZambiaUnited-kingdomMkushiCopperbeltCangaiNew-south-walesMwansa