NT copper strike sparks new drilling plans

Adelaide Resources is planning additional drilling at its promising Rover project,

  Adelaide Resources is planning additional drilling at its promising Rover project, 75km southwest of Tennant Creek in the Northern Territory, to determine the economic significance of potentially ore grade copper mineralisation intersected at the project.The new results follow a reverse circulation drilling program started last month on the Rover 4 prospect within Adelaide Resources’ Rover Project. The intersection from a hole drilled to a final depth of 342 metres is 15m at 2.07% copper and 0.15g/t gold from 221m to 236m, including 5m at 3.36% copper and 0.19g/t gold from 225m. All one-metre samples in the 15m interval exceeded one percent copper, with the highest value being 4.45 percent copper. Gold values in the one-metre samples ranged from 0.02g/t to 0.35g/t. The Rover project is situated in one of Australia’s richest historic gold and copper provinces, which has been a source of significant production over many years. Adelaide Resources’ Executive Chairman, Keith Yates said the copper intersection was impressive.“We look forward with great expectation to following up these significant results with an expanded Rover drilling program. “We have been most enthusiastic from the outset with the prospects of the Rover Field, which is geologically analogous to the nearby Tennant Creek Field, a prolific gold and copper producer from numerous high-grade deposits,” Mr. Yates said. “Rover 4 now demands further exploratory drilling to determine whether a deposit of economic significance is present within the gross ironstone body,” he said.