From the second half of next year, copper will become the dominant ore type mined at Peak, marking a clear milestone in the transition of Peak from a gold mine to its future as a copper mine.
Aurelia Metals last week announced significant copper has been intersected at its recent surface and underground explorations at the Peak Mine.
Aurelia’s Chief Development and Technical Officer, Andrew Graham said the results represent the highest modern assay grade encountered in the area.
Significant copper was intersected at Queen Bee, south of Peak, and at Mt Pleasant and also Jubilee North while significant gold was intersected in drilling at Blue Lens in the Peak South Mine.
At Queen Bee, located 10km south of the Peak processing plant, the highest copper grade to date – 17.1 per cent Cu – was intersected.
Mr Graham said the results significantly improved confidence in the continuity of mineralisation along strike and vertically through the deposit which remains open along strike and at depth.
Copper grade up to 11.1 per cent was intersected at Mt Pleasant, located 600m south of existing mine development at the Chesney deposit, in the Peak North Mine.
Drilling also extended known mineralisation along strike at the Jubilee deposit, located north of and adjacent to the New Cobar deposit, in the Peak North Mine.
Strong gold grades were returned from Blue Lens drilling, which targeted up-dip extensions to gold-dominant Peak North mineralisation, in the Peak South Mine…full story in this weeks edition.
