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Coventry Resources: Copper-Rich Massive Sulphides Intercepted in First Hole at Lense 7/8 Target

Teresa Matich
Aug. 27, 2015 08:30AM PST
Base Metals Investing

Coventry Resources (ASX:CYY) reported that multiple intervals of massive sulphides have been intersected in the first hole drilled at its Lense 7/8 target at its Caribou Dome copper project in Alaska. A 10.6 meter interval of copper-rich massive sulphide was reported. Highlights of results included: 10.6m interval of copper-rich massive sulphides intersected in CD15-14 – …

Coventry Resources (ASX:CYY) reported that multiple intervals of massive sulphides have been intersected in the first hole drilled at its Lense 7/8 target at its Caribou Dome copper project in Alaska. A 10.6 meter interval of copper-rich massive sulphide was reported.
Highlights of results included:

  • 10.6m interval of copper-rich massive sulphides intersected in CD15-14 – the first hole drilled to test the 175m-long Lense 7/8 IP Target
  • This intersection again provides further confirmation that high-grade mineralisation coincides with strong IP anomalies at the Caribou Dome Project
  • 4 other very similar untested IP anomalies will be drill tested for the first time during the current 4,000m exploration diamond drilling program
  • The 5 priority targets being drill tested during the current program have a combined strike extent of >1,200m
  • This demonstrates the considerable potential to discover additional high-grade mineralisation during the current drilling program

Regarding initial drilling at the Lense 7/8 target, the release stated:

Coventry Resources Inc. (ASX:CYY); (“Coventry” or “the Company”) is pleased to announce that multiple intervals and significant thicknesses of massive sulphides have been intersected in the first hole it has drilled to commence evaluation of the Lense 7/8 Target at the highly prospective high-grade Caribou Dome Copper Project in Alaska, USA (the “Caribou Dome Project” or “the Project”).
The Lense 7/8 Target comprises a strong, 175m-long Induced Polarisation (“IP”) anomaly located between outcropping mineralisation at Lenses 7 and 8 (see Figures 1 and 2).
Only one shallow hole (DH36) had previously been drilled in the immediate vicinity of the Lense 7/8 Target. DH36 intersected 0.6m at 10.1% copper from 32.9m down-hole (approximately 20m below the surface).

Click here for the full press release.

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