BHP copper exploration update
(Posted on 03/12/18)
Melbourne, Australia based BHP has confirmed identification of a potential new iron oxide, copper, gold (IOCG) mineralised system, located 65 kilometres to the south east of BHP’s operations at Olympic Dam in South Australia.
As part of BHP’s ongoing copper exploration program, four diamond drill holes, totalling 5346 metres, intersected copper, gold, uranium and silver mineralisation of IOCG style on BHP’s exploration licence 5941.
Laboratory assay results show downhole mineralisation intercepts ranging from 0.5 per cent to six per cent copper with associated gold, uranium and silver metals.
This exploration project is at an early stage and there is currently insufficient geological information to assess the size, quality and continuity of the mineralised intersections. BHP is evaluating and interpreting the results reported and planning a further drilling program, to commence in early 2019.
BHP’s copper exploration program has targeted the Stuart Shelf in South Australia as part of a focused global programme which includes Ecuador, Canada, Peru, Chile and the south west of the United States.
Vale informs that it entered into a definitive agreement to buy Ferrous Resources Limited, a company... Read more
UC RUSAL, one of the leading global aluminium producers, has been listed among the top 100 Best Emerging... Read more
Primary Industries and Regions SA (PIRSA)'s Crop and Pasture Report for Spring Crop Performance haws... Read more
Rio Tinto is to develop its most technologically advanced mine following the full approval of a $2.6... Read more
Assistant Minister for Agriculture and Water Resources, Senator Richard Colbeck, welcomed the continued... Read more
Rio Tinto has entered into a binding agreement with China National Uranium Corporation Limited ("CNUC... Read more
The World Coal Association (WCA) has launched a new report calling for a step-change in international... Read more
With many parts of Australia in drought, the Department of Agriculture and Water Resources has been... Read more
Rio Tinto has completed the lease and sale of a wharf and land in Kitimat, British Columbia, to LNG... Read more
This month the European ARBAHEAT consortium will start a research project to investigate the conversion... Read more