With similar mineralisation now also confirmed at Litchfield’s Silverado, Bomb-Diggity cluster and VT2 targets, the company is piecing together what could be a massive, folded, mineralised corridor – one potentially extending for many kilometres and driven by a deeper intrusive engine.
Litchfield Minerals managing director Matthew Pustahya said: “The VT2 intersections mark a major milestone for Litchfield at Oonagalabi. We’re already seeing chalcopyrite and sphalerite in both disseminated and massive textures aligned with a strong 500m + VTEM response. That combination of observations and VTEM anomaly strongly supports system scale and indicated we’re vectoring toward the core of a large, mineralised system.”
The company isn’t wasting any time either. A downhole electromagnetic (DHEM) survey is set to fire up next week, aiming to lock onto the core of the VT2 conductor and pinpoint targets for the next round of drilling.
Management says the results of the DHEM will also help fine-tune the plate modelling and shed light on how the fresh sulphide hit ties into the broader, fast-growing mineralised corridor.
With hole 11 at VT2 now complete, the drill rig is already heading six kilometres southwest to another electromagnetic target called VT1. The conductor is three times more conductive than VT2 and is associated with gossanous outcrops bearing gold, silver, copper and tellurium – an unusual but promising geochemical cocktail.
On the ground, Litchfield says it has pared back to a single rig while it waits for a higher-performing crew to come online. For now, that rig will stay locked onto top-priority targets at VT1 and VT2 as the company works through the DHEM and logging data.
A second rig could be called back in once the geological picture sharpens and the next big move becomes clear.
With each step, Litchfield is turning the lights on across a previously blind corridor – one that’s now humming with sulphides, conductors and the hallmarks of a very large mineralised system in the making.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
