Notable copper intercepts at nueva sabana deposit
Antilles Gold, which is traded on the Australian Securities Exchange (ASX: AAU), has announced significant copper intercepts at the Nueva Sabana gold-copper oxide deposit located in central Cuba. The company’s latest in-fill diamond drilling initiative, consisting of 17 shallow holes, uncovered several 20-meter intercepts with copper grades reaching as high as 1.7%. These premium-grade copper intercepts were mainly found within the gold domain of the deposit, highlighting the potential for substantial copper-gold mineralization in the region.
Finalization of 2,000-meter drilling initiative
The finalization of the 2,000-meter drilling initiative signifies an essential milestone in Antilles Gold’s exploration activities at Nueva Sabana. This effort, which included 17 shallow diamond drill holes, was meticulously planned to improve the geological comprehension of the deposit and to outline the extent of copper-gold mineralization. The last holes drilled in July yielded crucial data, affirming the existence of high-grade copper zones within the gold domain. This information will play a vital role in fine-tuning the resource model and steering future exploration endeavors.
Now that the drilling initiative has wrapped up, Antilles Gold is anticipated to concentrate on analyzing the findings to revise the resource estimate for Nueva Sabana. The company’s capability to intersect several 20-meter zones with copper grades as high as 1.7% serves as a promising sign of the deposit’s potential economic feasibility. Investors are expected to keep a close eye on the forthcoming actions as the company progresses toward a more thorough evaluation of the deposit’s resource potential and the potential initiation of a pre-feasibility study.
