Australian exploration company Avalon Minerals has reported that two high grade copper zones were identified at the Viscaria Copper project in northern Sweden.
The copper zones were identified during assays from two drill holes – VDD0135B and VDD0131 from the A zone at Viscaria.
VDD0135B reported mineralization of 8.3 meter at 2.0% copper and 0.5gram per tonne gold and a second mineralized zone of 6m at 1.4% copper and 0.1gram per tonne gold, while VDD0131 revealed mineralized zone of 5.5m at 1.2% copper including 3.55m at 1.6% copper.
Avalon Minerals managing director Jeremy Read remarked that the drill results of the first two holes were encouraging.
"The drill results from the first two holes drilled at our A Zone prospect indicate that the copper resources which were previously mined at A Zone, in the Viscaria copper mine, extend both at depth and also down plunge.
"The results from these first two drill holes have extended the known mineralisation at A Zone at least a further 150 metres further down plunge and appear to be consistent with previous drilling results in these areas," added Read.
The company plans to announce the assays of the remaining mineralization holes at A zone in next two weeks following the completion of drilling program at the intersected point.
The ongoing drilling project consists of nearly 25,000m of drilling to extend the mineral resources at A and D zones of the Viscaria project.