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Ashburton Minerals to build on widespread copper mineralization at Mt Webb
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Thursday, 21 Jun 2012
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Ashburton Minerals has begun a much anticipated program of drilling at its Mt Webb Project in Western Australia to test open ended copper mineralization at the Charlie’s and The Gap prospects.

Demonstrating the large area of mineralization being defined at Mt Webb, late last year Ashburton discovered the largest copper anomaly so far of 246 meters at 0.22% copper which includes a higher grade zone of 62 meters at 0.4% copper. Using ground gravity and aircore geochemical drilling programs, the new anomaly was identified at the Pokali prospect, which is almost 400 meters in length.

Importantly, the geochemical drilling program also identified a number of gold anomalies in the central part of the project area, including a coincident gold-platinum palladium anomaly. This further confirms the untapped potential of the Mt Webb project for a range of commodities, highlighted by two drill holes located 1 kilometers apart intersecting gold over an area that has not yet been geochemically tested.

Ashburton has begun 1,200 meters drilling program comprising four deep reverse circulation drill holes, planned to depths of between 250 and 400 meters at Pokali Hill. Two holes are to be drilled at the Charlie’s prospect on the eastern side of Pokali Hill, and two at The Gap prospect, some 3 kilometers to the northwest on the western side of Pokali Hill.

The current drill program will test open ended copper mineralization. Best intercepts to date at the two prospects are 62 meters at 0.4% copper, including 12 meters at 1.1% copper at Charlie’s and 46 meters at 0.37% copper at The Gap.

Source - Proactive Investors.com.au

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