Speewah Metals focused on its Copper / Gold potential following the findings of an independent exploration review which identified targets that have never been tested for Copper / Gold mineralization.
Re-modelling and interpretation of VTEM data identified 10 conductor targets at Speewah to be tested for Copper / Gold mineralization.
The modelling supported 13 litho-structural and geochemical targets that were previously identified in the September 2012 technical review of all geological, geochemical and magnetic datasets. All of these new litho-structural-geochemical and VTEM targets were coincident with faults.
Surface sampling at Todhunter returned highest grade gold value ever found at Speewah of 7.3g/t Au and 0.71% Cu.
Speewah Metals completed the pegging of new ground and developed exploration programs to explore the new Copper / Gold targets.
- Surface sample at Todhunter has returned highest grade gold value ever found at Speewah of 7.3g/t Au and 0.71% Cu;
- New sites of anomalous gold and copper have been identified at Speewah;
- A new model of copper-gold mineralisation at Speewah favours targeting (red areas below).
Copper / Gold Project
Surface Copper-Gold Sampling 2012
Speewah Metals Limited (“Speewah” or “the Company”) (ASX: SPM) is pleased to report gold and copper assays from reconnaissance surface rock chip samples (Figure 1) from Speewah collected at sites identified from the recent VTEM interpretation and earlier litho-structural-geochemical targeting (see ASX release 7th November 2012, Figure 2).