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Encounter Resources (ASX:ENR) - Managing Director, Will Robinson
Managing Director, Will Robinson
Source: Encounter Resources
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  • Encounter Resources (ENR) has extended a portion of its Gap prospect in WA to a width of more than 180 metres
  • In 2017, a total of three reverse circulation and diamond drill holes were completed at the Gap prospect
  • The holes returned a peak gold value of 1.1 grammes per tonne, as well as anomalous cobalt, tungsten, bismuth, and tellurium
  • A final hole was then drilled to test the anomalies and it extended the gold mineralisation on a section of the Gap prospect to a width of more than 180 metres
  • A follow-up program will now be undertaken in August to complete extensional drilling of Gap
  • Encounter is down 7.41 per cent on the market and shares are trading for 12.5 cents each

Encounter Resources (ENR) has extended a portion of its Gap prospect in WA to a width of more than 180 metres.

The Gap prospect is part of the company’s Lamil Copper-Gold Project, which is located in the Paterson Province of Western Australia, 25 kilometres northwest of Newcrest Mining’s Telfer gold-copper mine.

In 2017, a total of three reverse circulation (RC) and diamond drill holes were completed at Gap.

Hole ETG0070, which was the most northeastern hole, intersected narrow bands of gold anomalism while hole ETG0068 that was drilled 80 metres southwest of ETG0070 intersected a thick zone of oxidised gold mineralisation.

This hole returned a result of 30 metres at 1.1g/t gold from 96 metres.

The final hole, ETG0067, was drilled 80 metres southwest of ETG0068 and intersected a broad zone of near-surface copper-gold mineralisation.

It also returned a result of 122 metres at 0.2g/t gold from 38 metres including 36 metres at 0.4g/t gold and 45 metres at 566ppm (parts per million) copper from 124 metres.

The copper-gold mineralisation from this hole coincides with cobalt, tungsten, bismuth, and tellurium anomalism.

The final hole, ETG0201, was drilled to test a geochemical vector that arose from hole ETG0067.

This hole returned a result of 36 metres at 0.5g/t gold from 28 metres and extended the gold mineralisation on a section of the Gap prospect to a width of more than 180 metres.

“The Gap prospect at Lamil has been expanded by the intersection of a thick zone of near-surface gold mineralisation in ETG0201. We interpret that we are in the dispersion plume of a mineral system and potentially drilling parallel to the primary mineralisation,” Managing Director Will Robinson said.

“The recent drilling has also identified a significant zone of brecciation and alteration that is interpreted to be defining a major structure,” he added.

Encounter will use the results from these four holes to refine the magnetic, electromagnetic, and induced polarisation geophysical models at Lamil.

A follow-up program in August will be completed to test the zone of brecciation and undertake extensional drilling at Gap.

Encounter is down 7.41 per cent on the market and shares are trading for 12.5 cents each at 2:29 pm AEST.

ENR by the numbers
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