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Castillo Copper (ASX: CCZ) Discovers Potential at Arya – The Market Herald

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  • Castillo Copper (CCZ) discovered potential metal and graphite mineralization at Arya Prospect in Mount Isa, Queensland
  • From two of the three completed drill holes, the thick black carbonaceous siltstone / schist horizon intersected.
  • Notable was the drill hole AR_002RC, which reached a depth of 238 meters.
  • Castillo will continue its drilling campaign until the end of the month and will resume in 2022
  • In the market this morning, Castillo Copper is gray and trades at 4 cents per share.

Castillo Copper (CCZ) has announced initial funding from an ongoing drilling campaign at Arya Prospect in Mount Isa, Queensland.

Of the three drill holes completed from the two drill pads, they intersected the thick black carbonaceous siltstone / schist horizon.

Approximately 200 meters of dark gray and black carbonic siltstone / schist intersected, causing scattering of base metal sulfides and fine-grained graphite mineralization.

Notable was the drill hole AR_002RC, which reached a depth of 238 meters.

All samples were sent to the laboratory for analysis of base / specialty metals and total graphitic carbon.

Castillo will continue its drilling campaign until the end of the month and will resume in 2022.

When the assay is returned, the geology team will perform a full review and graph the next target to focus on.

In addition, the team will drill test for significant magnetic anomalies near EG01, EG02, and EG10. This is because it can be the main cause of base metal mineralization.

Managing Director Simon Paul said the results of this drilling campaign were “very noteworthy.”

“This is an exciting development, especially for battery-related minerals such as copper, cobalt and graphite,” he said.

“The Board is looking forward to reviewing the assay results and will continue.
Continued excavation at Aria Prospect. ”

In the market this morning, Castillo Copper was gray and traded at 10:04 am AEDT for 4 cents per share.



Castillo Copper (ASX: CCZ) Discovers Potential at Arya – The Market Herald

Source link Castillo Copper (ASX: CCZ) Discovers Potential at Arya – The Market Herald

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