Posted in | News | Gold | Copper

Aquila Resources Reports Remaining Drill Results from Bend Deposit

Aquila Resources has announced the remaining results of the phase I program conducted at the Bend copper-gold deposit. The Bend project was purchased as part of an exploration agreement between HudBay Minerals and Aquila. Currently, Aquila Resources maintains a 100% interest in the project, as HudBay has recently terminated the alliance.

The company reported preliminary results of the phase I drilling program during early June. Initial drilling results specifically validated the occurrence of high-grade gold and copper mineralization and extensive zones of low-grade gold- copper mineralization, which may be agreeable to low-cost bulk mining methods.

The phase I program aimed to carry out in-fill drilling at the deposit’s near-surface areas and examine down dip expansions of both zones. Holes B12-06 and B12-09 were specifically positioned to drill in the intervals of formerly unproven regions.

Hole B12-08 analyzed the down dip expansion of mineralized copper present in the upper zone, whereas holes B12-07A, B12-11 and B12-10 focused on the expansions of the lower gold zone in order to extend mineralization at depth.

Mineralization was returned from holes B12-10 and B12-07A at a depth of 610 and 690 m, respectively, beneath surface that shows step outs of 200 and 250 m down dip of previous drill holes. High-grade gold was intersected in hole B12-06, which was specifically drilled on the holes’ western fence and the high-grade gold mineralization prospective is exposed in this direction.

Aquila is planning to execute a phase II campaign, which will include additional drill program along strike in order to examine the deposit’s outermost edges and lower gold zone’s down dip expansions.

Source: http://www.aquilaresources.com/

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G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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