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- Castillo Copper (CCZ) has finalised all targets for its upcoming drilling program at the Ayra prospect and Big One Deposit in north-west Queensland
- The aim of these programs is to determine the scalability of both Ayra and Big One, as well as outline how deep the mineralisation extends
- Drilling will begin at the Ayra prospect, then move to the Big One Deposit once final approvals have been received
- Simultaneously, Castillo Copper is undertaking desktop reviews on the Valparaisa and El Dorado prospects
- Castillo Copper is up 5.26 per cent on the market this morning and shares are trading for four cents each
Castillo Copper (CCZ) has finalised all targets for its upcoming drilling program at the Ayra prospect and Big One Deposit in north-west Queensland.
The aim of these programs is to determine the scalability of both Ayra and Big One as well as outline how deep the mineralisation extends.
Ayra prospect
On July 1, Castillo Copper announced it will drill 14 holes to target a potential massive sulphide conductor and near-surface targets.
Previous work done by other companies has confirmed high-grade copper mineralisation at surface, returning up to 18,400 parts per million copper.
Once a drilling contractor has been secured and all regulatory approvals are in place, drilling will begin at Arya.
Big One Deposit
Once drilling has been completed at Ayra, work will begin at the Big One Deposit, where up to 28.4 per cent copper has been intersected.
However, work can only begin once final approvals have been received, but these are expected shortly.
A 35-hole reverse circulation (RC) drill program will kick-off the work, with aims to build on previous knowledge.
Additionally, a two-hole diamond drill program will be completed, focusing on shallow supergene mineralisation targets.
“Behind the scenes, our team is working at a frenetic pace to ensure all the logistics are in place so that we can move ahead with the inaugural Mt Oxide pillar drilling campaign,” Managing Director Simon Paull commented.
“For Ayra and Big One Deposit, our objective with the upcoming drilling campaign is to extend known mineralisation and determine potential scalability,” he said.
“As such, one of the key focuses is to test how far high-grade supergene ore extends from surface along the strike extent and if this transitions into underlying sulphides at depth,” he added.
Simultaneously, Castillo Copper is undertaking desktop reviews on the Valparaisa and El Dorado prospects.
Castillo Copper is up 5.26 per cent on the market this morning and shares are trading for four cents each at 10:40 am AEST.
