VISIBLE COPPER MINERALISATION AT FORD PROSPECT
The alteration zone was mapped and supported by a total of ten pXRF readings (Figure 1). Copper (Cu) ranged from 0.02% up to 13.4%, lead (Pb) ranged from 0.08% to 1.3%, and zinc (Zn) ranged from 0.04% to 7.2%.
Golden Mile’s Managing Director Damon Dormer commented: “These exceptional preliminary results underscore the high-grade potential and polymetallic nature of the Ford Prospect. The pXRF readings are consistent with historical data, further strengthening our confidence in the project’s exploration potential. We look forward to advancing Ford as a key drill target alongside the Odyssey Prospect”
These pXRF results were attained by Golden Mile personnel utilising an Olympus Vanta Instrument pXRF, Model VMR-CCC-G3-A. All readings were 30 second, three beam spot readings directly on outcropping, in situ material. A total of 10 readings were taken in close proximity to each other across the mineralised zone.
Cautionary Statement on pXRF. pXRF (Portable X-Ray Fluorescence) results that are announced in this report are from uncrushed rock-chip samples that are preliminary only. The use of pXRF is an indication only, of the order of magnitude of further rock chip assay results. This first pass assessment was for due diligence purposes only, during the exclusivity period of the Binding Term Sheet. It should be noted that these values are not formal assays and are effectively estimates of grade only and are thus used only as a guide for follow-up, detailed and systematic mapping and sampling programs.
These results are highly encouraging and indicate the presence of significant grades of copper, lead, and zinc. This area will undergo detailed lithological and structural mapping, followed by systematic rock-chip and channel sampling. These steps will precede an upcoming drilling program aimed at unlocking the full potential of the Ford Prospect.
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