|Next phase for Syndicated Metals|
|Saturday, 17 November 2012 14:15|
Syndicated Metals has commenced the next phase of exploration at its key Mt Isa Copper-Gold Projects in North Queensland. This work program is the first since the company’s recent capital raising and reflects its confidence in the prospectivity of its projects.
The exploration program includes follow-up diamond drilling at the recently discovered Yamamilla Copper Prospect, where recent drilling returned excellent results including intersections of up to 4m at 4.6 per cent copper and 10m at 2 per cent copper, and an initial program of drilling at the Dronfield Prospect, where a 5km long soil geochemical anomaly will be targeted.
Exploration will consist of: a 4-6 hole diamond drilling program (300m) at the Yamamilla Prospect; a 6-10 hole reverse circulation (RC) drilling program (1000m) at a number of prospects within the Dronfield tenements; and 40 line km of soil sampling at the Kalman West prospect.
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