He said; “These DHEM results are the confirmation we’ve been waiting for. The OGRC011 hole appears to have ‘clipped’ the edge of the system, however, these downhole electromagnetic results provide insight that it’s appearing to be large. The model now highlights a thick, highly conductive interpreted sulphide body extending directly up dip, indicating we’re vectoring straight toward the core of what our first drill hole suggests is a large, continuous semi-massive or massive sulphide system.”

Oonagalabi lies 120km northeast of Alice Springs in the Aileron Province’s Strangways Metamorphic Complex – a region already known for hosting rich polymetallic deposits. The project covers a 3km by 0.5km mineralised corridor, and geophysics suggests mineralisation extends down to at least 500m.

The area was first explored way back in the 1970s and the early 1980s with some drilling and geophysical surveys, but intriguingly, no further exploration was initiated until Litchfield completed its grab of Oonagalabi in October last year.

With IP and ground EM surveys now rolling, Litchfield appears to be zeroing in on what could be a large, continuous copper-zinc system in one of the NT’s most underexplored districts.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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