Surveys have found highly anomalous zinc, lead and other metals in soils at Black Gate Prospect, that are typical of the anomalous metals in soils around the high – grade sulphide intersections drilled by the Company at Inkheart and Blueys in 2014.
Core recently completed geological mapping and soil surveys on EL 27709. The newly identified Black Gate Prospect has returned exciting new results in the same host geology at Inkheart, but in a previously untested area 25km to the west.
Lead and silver results are considered comparable to those obtained over Blueys and Inkheart, but Core is enthused by the elevated zinc values that are an order of magnitude higher at Black Gate. Zones of anomalous geochemistry have been outlined over at least 1 kilometre strike length and remain open to the south.
Several iron – rich gossans were mapped, with the most significant found along the contact between Bitter Springs Formation and crystalline basement associated with elevated lead, zinc, antimony and silver typical of the metal suite found at Inkheart.
On the strength of these new results and previous discovery drilled at Inkheart, Core has built a tenure position covering over 100km strike of the target Bitter Springs host geology structurally juxtaposed on the crystalline basement rocks of the east Arunta.
Core intends to continue testing to identify additional new targets over a number of its tenements in the NT.
Next Steps
Based on its success, Core intends to continue this high yielding exploration over a number of its tenements. The targets generated from this work will be ranked against the signature at Blueys/Inkheart that reflects silver lead zinc sulphide mineralisation at depth.
