Orbminco Restricted (ASX: OB1) (“Orbminco”, “the Firm”), is happy to announce outcomes of latest trench sampling at its Bronze Fox Challenge situated within the Southern Gobi Copper-Gold belt of Mongolia.
Highlights
- Sampling of an historic trench (Determine 1) on the Firm’s Bronze Fox Challenge in Mongolia has returned high-grade copper-gold outcomes on the western margin of the West Kasulu useful resource1. Higher intersects embody:
- 17m of 0.5% Cu and 0.34g/t Au together with 6m of 1.0 % Cu and 0.6g/t Au
- 4m @ 0.6% Cu and 0.2g/t Au
- The ditch stays largely unsampled (Desk 1) with solely seen mineralisation sampled thus far
- The West Kasulu useful resource is open to the west, beneath shallow cowl, the place a overview of an Induced Polaristion (IP) survey accomplished in 2018 has outlined quite a few sturdy, untested chargeability anomalies2
- Additional IP surveying and geological mapping shall be accomplished throughout the interpreted western extension of the West Kasulu useful resource to prioritise targets for drilling in Q2 2025
- Rock chip sampling additionally signifies that mineralisation extends to the northwest with quite a few >0.5% Cu values recorded (Determine 1).
- IP surveys may also be accomplished on the Shuteen North goal (Determine 2) forward of a proposed maiden drilling program in Q2 2025 in search of to substantiate the invention of a brand new, and third, intrusive advanced on the Bronze Fox challenge, which is interpreted to be associated to the in depth Shuteen lithocap
Managing Director, Ralf Kriege, commented:
“The brand new trench outcomes, coupled with drilling outcomes from the 2024 drilling program, together with 26m at 0.91% CuEq from 14 in gap F111, and overview of current chargeability anomalies helps an extension of current geophysical protection and a proposed excessive precedence drilling program to raised perceive the higher-grade potential of the open western strike of the Bronze Fox Intrusive Advanced.
The Shuteen North goal has the potential to be the third intrusive advanced at Bronze Fox and is a compelling, close to floor and new large-scale goal interpreted to be related to the Shuteen lithocap, the biggest lithocap within the Southern Gobi. The significance of this conceptual geological setting is critical given the lithocap on the Oyu Tolgoi challenge was an essential early-stage exploration marker.
Preparations are going down to undertake geophysical surveys and floor subject actions early within the subsequent quarter, to refine current and generate new targets forward of drilling at each the western extension of the Bronze Fox Intrusive Advanced and on the Shuteen North Intrusive Advanced.”
Exploration Replace
The ditch sampling came about in November 2024 throughout Orbminco’s maiden drill marketing campaign and gives sturdy encouragement that the West Kasulu useful resource continues westward beneath shallow cowl (Determine 1) with probably greater copper and gold grades. This interpretation is additional supported by 2024 drill gap F111, which returned 26m at 0.91% CuEq from 14m, together with 2m at 8.29% CuEq from 24m (see OB1 ASX announcement from 14 January 2025 for additional particulars 3).
A subsequent overview of an IP geophysical survey accomplished by Joint Enterprise companion Kincora Copper Restricted (Kincora) at West Kasulu in 20182, has additionally recognized quite a few vital and untested chargeable IP anomalies which shall be focused by drilling in 2025. The IP surveying together with geological mapping shall be prolonged to the west previous to the drilling to find out the potential for additional extensions to the useful resource, greater grade zones and open pit potential.
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