Revolver Resources (ASX:RRR) reports that it is set to commence the next phase of step out diamond drilling (DD) at its Dianne Copper Project in Queensland.
Diamond drilling will commence with DDH1 drilling rig 27 leading the program and will begin by targeting a number of high priority geophysical anomalies, as well as testing a strong conductive anomaly immediately beneath the Dianne pit, where recent drilling results confirmed copper (Cu) grades up to 19.8%.
The DD program is expected to cover about 1,000m before the drill rig is moved outbound to commence on the other high priority tenement wide targets.
Speaking on the drilling program, Revolver Managing Director, Pat Williams, said: “In the last 12 months since Revolver’s IPO, we have systematically and methodically worked across the entire Dianne project, establishing incredible new datasets to continuously develop and grow our detailed technical understanding of this vastly under-explored region.
“Revolver has been the first to discover evidence of a clear regional trend running through the entire exploration tenement and within this trend the location and characteristics of a number of high priority drill targets”
We are the first to ever undertake modern exploration activities, utilising the benefits of leading-edge technologies in this region, and Revolver has been the first to discover evidence of a clear regional trend running through the entire exploration tenement and within this trend the location and characteristics of a number of high priority drill targets.
The company has previously delivered over 2,900m of diamond drilling, and has established comprehensive knowledge and understanding of the Dianne project’s geological setting and genesis. It is this comprehensive geological model which is guiding our upcoming diamond drill program. We look forward to completing a safe, disciplined drilling program over the coming months and delivering regular updates on Queensland’s next big potential copper discovery at the Dianne project.”
Revolver also notes that several additional compelling conductive anomalies have been identified following recent geophysical surveys across the tenement and have been granted traditional owner clearances to usher in a continuous drilling program.
It is expected that this continuous drilling program will operate for the remainder of 2022.
Revolver Resources is an ASX-listed public company focused on the development of natural resources for the world’s accelerating electrification and currently boasts two wholly owned copper projects in Queensland. The company’s Dianne project is located about 165km northwest of the city of Cairns within Queensland’s dry tropics, comprising six mining leases and an exploration permit.
The project also contains the Dianne Copper Mine, which has produced about 63,758 tonnes of ‘high-grade’ copper ore with an average grade of 22.7% Cu from open cut and underground operations between 1979 and 1983 before all mining operations ceased.
With plans for the 1,000m DD program now set, Revolver Resources announces that it will move forward with further processing and interpretation of the tenement wide Heli electromagnetic (EM) survey and will conduct down hole EM survey work following completion of the new diamond drillholes to detect potential mineralisation.
Images: Revolver Resources Holdings Ltd & iStock
