Northern Minerals hits copper near Kununurra
ASX-listed rare earth’s producer, Northern Minerals, looks to be potentially onto something in the East Kimberly with some solid results from rock chip sampling grading up to 2.92% copper at its John Galt Project, located 200 kilometres south of Kununurra in WA.
The rock chip sampling program covered an area of 2 kilometres by 500 metres with half of all the samples returning high copper grades of 1% or greater.
Whilst the company says its primary focus remains on rare earth elements, the discovery of a new copper ore body would provide another string to the Perth-based company’s bow.
Northern said it plans to undertake geological mapping, follow-up soil sampling and ground geophysics at John Galt, with positive results potentially triggering a drilling program later in the year.
“It is early days with respect to these copper results, however we are extremely encouraged by the widespread and high-grade nature of the results received.
“With the performance of Browns Range improving every day and nearing nameplate capacity, we are confident of a good year ahead.”
Northern Minerals’ Browns Range Dazzler deposit is a world-class rare earth giant in the Kimberley, currently enjoying a maiden inferred mineral resource of 144,000 tonnes at 2.23% TREO, comprising 3,200,000 kilograms of TREO using a cut-off grade of 0.15% TREO.
Northern has a lot invested in Browns Range and is rapidly moving to prove up the economics of a potentially large scale plant – a solid copper discovery in the meantime would be a real shot in the arm for the company and 2.92% copper isn’t a bad start.
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Northern Minerals (NTU)
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