Drill rig at Brandy Hill South. Source: Recharge Metals/LinkedIn
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Recharge Metals (REC) hits broad sulphide zones through drilling at its Brandy Hills South Project in Western Australia’s Archaean Gullewa Greenstone Belt
  • The company has completed two diamond drill holes for 792 metres, with a third hole currently underway
  • The first hole intersected visual sulphides from 92m to the end of the hole at 393m, and the second hole has now intersected similar lithologies
  • Recharge is now completing the third and final diamond tail and says it will start reporting assays as they are returned from the lab
  • REC shares last traded at 27.5 cents per share on May 9

Recharge Metals (REC) has hit broad sulphide zones through drilling at its Brandy Hills South Project in Western Australia’s Archaean Gullewa Greenstone Belt.

The company has completed two diamond drill holes for 792 metres, with a third hole currently underway.

According to the company, the first hole, BHRCD019, intersected visual sulphides from 92m to end the hole at 393m.

Now, the second hole has intersected similar lithologies and styles of sulphide mineralisation between 96.9m to 399m downhole.

Massive and blebby sulphide through altered Andesite/Gabbro. Source: Recharge Metals.

“After intersecting over 300 metres of significant copper mineralisation in Recharge’s maiden diamond tail, we are thrilled to repeat a very similar finding in this second diamond tail,” Managing Director Brett Wallace said.

“This was drilled 100 metres north-northwest from the first and displays very
similar rock types and across a near-identical interval. As with the first diamond tail, it also ended in mineralisation at close to 400 metres depth.”

Recharge is now completing the third and final diamond tail and said it would start reporting assays as they were returned from the lab.

REC shares last traded at 27.5 cents per share on May 9.

REC by the numbers
More From The Market Herald
Countplus (ASX:CUP) - Incoming CEO, Hugh Humphrey

" Hugh Humphrey appointed CEO of Countplus (ASX:CUP)

Investment services company CountPlus (ASX:CUP) has appointed Hugh Humphrey as the company's CEO, effective July 1.

" ASX employee tests positive for Covid-19

The ASX says an employee has contracted Covid-19.

" ASIC launches official investigation into ASX market outage

The ASX has confirmed today it is officially under investigation from the Australian Securities and Investments…

" ASX sheds more light on last week’s market tech failure

The Australian Securities Exchange has shed some more light on the nature of last week's market…