Todd River Resources (ASX:TRT) - Senior Exploration Geologist, David Cornish
Senior Exploration Geologist, David Cornish
Source: David Cornish/LinkedIn
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Todd River Resources (TRT) identifies four bedrock conductors at its Nerramyne project in WA
  • The conductors were generated through survey work and represent ‘robust’ exploration targets to be drilled in an upcoming maiden program
  • Todd River plans to undertake a follow-up survey next month to accurately locate the conductors before beginning the drilling program in June
  • On market close, TRT shares were in the grey and trading at 6.2 cents

Todd River Resources (TRT) has identified multiple bedrock conductors at its Nerramyne project in Western Australia’s Murchison district.

The company discovered the bedrock conductors through an airborne electromagnetic (AEM) survey with results generating several ‘robust’ targets ahead of a maiden drilling program.

Conductor A is located to the south of the project and lies within a three-kilometre by one-kilometre intrusion believed to be at the basal contact and associated with a more magnetic part of the intrusion.

The conductor also returned copper values of up to 564 parts per million in geochemical sampling with assays due next month.

Conductor B is located in the central part of the project and visible on two lines along the edge of a two-square kilometre magnetic feature interpreted to represent an intrusive body.

Conductors A and B are both considered high priority drill targets along with the other two interpreted conductors. However the latter require further investigation once the company receives the final fully processed data.

Todd River Resources plans to undertake a follow-up fixed loop EM (FLEM) survey next month to accurately locate the conductors and the maiden drilling program will follow.

On market close, TRT shares were in the grey and trading at 6.2 cents.

TRT 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…