TSXV:KCC - Post Discussion
Post by
wawahunt2 on Jul 12, 2021 9:00pm
Follow Up info from Kincora
Drilling of the deepest hole yet at the Trundle Park prospect has shown “very similar rocks to what you see at Northparkes and other Macquarie Arc porphyries”, CEO Sam Spring says.
“What we’re basically doing is gaining further confirmation that there’s multiple intrusive systems at Trundle Park that have the right rocks, that are comparable to Northparkes, where you’ve got a series of these pipes and economic orebodies that are now supporting the second largest porphyry mine in Australia,” he explained.
“So that original concept that there’s a large mineralised system at surface that we see, with some very good intervals that we have previously reported, and that the skarn system that’s been cooked up by these pipes that are carrying the copper and gold, we’re now starting to see the right rocks that suggests we are getting to the right parts of those pipes that carry the mineralisation and offer much larger scale and grade potential.
“We haven’t intersected an economic part of one of those pipes just yet, but we certainly are seeing the right signals and minerals and rocks that give us the sense of where to go next to follow up where we think that part of the system lies.”
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