Results from the preliminary program confirm the prospectivity of the project and match similar high-grade results from historical drilling review work recently completed.
The conclusion from exploration is that there is potential for other economic elements associated with copper (especially gold, silver and cobalt) and that the signature of these elements is typical of iron-oxide-copper-gold (IOCG) deposits.
These sampling results follow on from a review of historical drilling at Copper Blow which showed significant, high-grade copper and gold results over estimated true widths of 15 metres.
Results included 11.8 metres at 6.7% copper, 1.92 g/t gold and 13.7 g/t silver; and 19.8 metres at 1.8% copper including 3 metres at 4.6% copper.
Silver City determined that no systematic follow-up of these holes was undertaken by previous explorers to assess the possibility of steeply plunging, high-grade deposits.
The project is a joint venture between Silver City (75%) and CBH Resources Ltd (25%) which owns and operates the Rasp Mine and sulphide flotation facility at Broken Hill.
It may also present an opportunity for trucking ore to an existing mill in Broken Hill significantly reducing the cost to any future mining project.
Silver City has been collating all historic exploration data on the Copper Blow project with the view to commencing a drilling program in the next quarter.
Planning and permitting for this program is currently underway.