| Announcement Date: | 2021-11-23 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Constellation Resources Ltd. |
| Project name: | Orpheus |
| Location: | Australia |
| Commodities: | PGM,Copper,Nickel,Cobalt |
| Highlight: | Diamond drilling has encountered trace magmatic nickel and copper sulphides |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Constellation Resources Limited (the “Company” or “Constellation”) is pleased to report the presence of thick fertile intrusive units from its maiden diamond drilling at the Eyre South Prospect (“Eyre South”). Eyre South is part of the greater Eyre Anomaly, a major anomalous Ni-Cu-Co-PGE regolith trend that has been defined to be 3km in strike length and sits near the contact position of the two intrusive suites. The two diamond holes spaced 165 metres apart at Eyre South, tested beneath a thick continuous, northwest trending regolith anomaly. Encouragingly, the diamond holes have encountered trace levels of magmatic nickel and copper sulphides over several intervals and are hosted in thick units of olivine bearing pyroxenites and gabbronorites. The presence of polyphase iron, copper and nickel sulphide zones up to 150 metres below previous occurrences identified in air-core drilling (“AC”) in thick high magnesium intrusive units, supports greater nickel prospectivity of the Eyre Anomaly. Downhole electromagnetic (“DHEM”) surveys in both holes have not detected clear or well-defined bedrock anomalies. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 40,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data