Moonlight Resources Confirms Broad Copper mineralization at Peak Downs
Source: Kapitales Research
Moonlight Resources Limited (ASX: ML8) has unveiled promising outcomes from its first reverse circulation drilling programme at the Peak Downs Copper Prospect in central Queensland. The programme confirmed multiple broad zones of shallow copper mineralisation and strengthened confidence in continuity across the historically mined system. Key intersections included 22m at 1.26% copper from surface, including 8m at 2.41%, and 14m at 1.50% copper from 52m, including 4m at 3.57%. Another hole returned 6m at 2.64% copper from 52m, including 2m grading 6.26%.The campaign completed 56 RC holes for 2,988m, creating a modern geological dataset that can be combined with historical information. Elevated cobalt values were also identified within several copper-bearing intervals. Moonlight now plans targeted diamond drilling, metallurgical testing, geological modelling and further data integration, supporting assessment of the project’s potential for a future Mineral Resource Estimate.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Moonlight Resources Confirms Broad Copper mineralization at Peak Downs
Moonlight Resources Limited (ASX: ML8) has unveiled promising outcomes from its first reverse circulation drilling programme at the Peak Downs Copper Prospect in central Queensland. The programme confirmed multiple broad zones of shallow copper mineralisation and strengthened confidence in continuity across the historically mined system. Key intersections included 22m at 1.26% copper from surface, including 8m at 2.41%, and 14m at 1.50% copper from 52m, including 4m at 3.57%. Another hole returned 6m at 2.64% copper from 52m, including 2m grading 6.26%.The campaign completed 56 RC holes for 2,988m, creating a modern geological dataset that can be combined with historical information. Elevated cobalt values were also identified within several copper-bearing intervals. Moonlight now plans targeted diamond drilling, metallurgical testing, geological modelling and further data integration, supporting assessment of the project’s potential for a future Mineral Resource Estimate.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au