Head Image News
14 MAY 2018

Ironbark and Glencore fire up NSW metals exploration

In an update to the ASX this week, Ironbark reported that it was lifting exploration activity at Captains Flat with a high-tech, helicopter-borne electromagnetic survey known as HeliSAM over the Jerangle prospect. The survey is expected to begin at the end of the month.

Jerangle presents as a tantalising target, with prior drilling by Ironbark and Glencore in 2012 producing great results over a 1.5km strike, including assays up to 5.25% copper. Drill hits include a 4.4m intercept at 12.05% zinc and a 42.2m intercept at 2.0% zinc and 0.31% lead, including 1.1m at 12.05% zinc and 0.91% copper.

The new airborne EM survey will be the first large-scale, modern geophysical survey over the Captains Flat project area, and could be a crucial tool in unravelling the geology at the southern end of what is a prodigiously rich metal belt.

Read more here.