Announcement Date: 2021-11-23
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Redstone Resources Ltd.
Project name: West Musgrave
Location: Australia
Commodities: Copper
Highlight: Drilling results incl. 16m @ 2.62% Cu from 74m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Redstone Resources Limited (ASX Code: RDS) (‘Redstone’ or the ‘Company’) is pleased to announce that preliminary analysis by handheld pXRF (hh‐pXRF) of recent reverse circulation (RC) drilling has successfully proven that thick high‐grade lenses of copper mineralisation intersected in historical drilling at the Chatsworth Prospect (Chatsworth), Tollu, have significant volume vertically and extend to shallower depths. Four reverse circulation (RC) drill holes, TLC188, TLC189, TLC190 and TLC192, for a total of 756m were drilled at the Chatsworth Prospect at the Tollu Copper Vein deposit (Tollu) to test for continuity of mineralisation vertically through the hosting sub‐vertical vein system, and in doing so, test if the thick high grade copper mineralisation previously intersected in early drilling held volume between and beyond the historical drill holes, particularly at shallower depths than previously intersected. The early historical drilling at Tollu, primarily completed in 2010 and the results of which are included in the Tollu maiden resource1 defined in 2016 (refer to ASX announcement of 15 June 2016)
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