Accelerate Resources (ASX:AX8) has announced that the company has completed its second diamond drill hole at the Thomas Creek cobalt-copper-gold prospect in Tasmania.

The drill hole, TCDD002, is the second of three initial holes targeting a large chargeable IP anomaly located along the eastern margin of an ovoid magnetic body, below a surface copper-cobalt anomaly.

As highlighted in the press release:

• Disseminated sulphides observed over 193m downhole from surface in Second Drill hole (TCDD002) at Thomas Creek Copper-Cobalt Prospect.
• Drill core from the first hole has arrived in Perth; core will now be cut and sampled before being submitted for assaying.
• Third Drill hole TCDD003 commenced at Thomas Creek.

Click here to view the full Accelerate Resources (ASX:AX8) press release.