- AIC Mines (A1M) records broad intersections of elevated zinc and lead at the Lamil gold-copper joint venture project in Western Australia
- The latest results come from nearly 7000 metres of drilling across five target areas at the Goodenia prospect
- Drilling also intersected anomalous copper and gold in multiple holes at the sundew target and a broad zone of elevated copper and gold at Flame Pea South
- AIC Mines says the Lamil project area remains prospective for a number of different deposit types
- AIC Mines has ended the day with shares trading 3.23 per cent in the red at 45 cents each
AIC Mines (A1M) has reported broad intersections of elevated zinc and lead mineralisation at the Lamil gold-copper joint venture project in Western Australia.
The company completed almost 7000 metres of diamond and reverse circulation (RC) drilling across the Lamil Dome, Goodenia, Sundew, Flame Pea North and Flame Pea South targets.
At the Goodenia prospect, drilling intersected zinc and lead mineralisation in a single hole which tested a gravity anomaly. Results include six metres at 0.21 per cent zinc and 0.09 per cent lead from 474 metres.
RC drilling also intersected anomalous copper and gold in three holes at the previously untested Sundew target. Results include five metres at 0.13 per cent copper from 152 metres.
In addition, a broad zone of elevated copper and gold was intersected at the Flame Pea South target, with results of 40 metres at 0.04 per cent copper from 120 metres including four metres at 0.12 per cent copper from 128 metres.
AIC Mines Managing Director Aaron Colleran said drilling at the project continues to return “extensive areas” of alteration and elevated base metal and gold mineralisation.
“The large project area remains prospective for a number of different deposit types,” he said.
The Lamil Project is held in a 50:50 joint venture with ASX-listed Rumble Resources (RTR).
AIC Mines ended the day with shares trading 3.23 per cent in the red at 45 cents each.