G11 Resources Unveils Promising Copper Exploration Target at Wilandra Project

G11 Resources (ASX: G11) is confident its initial exploration target estimate for the Wilandra project in northwest New South Wales is the first step in unveiling a significant copper rich, massive sulphide deposit.

The maiden exploration target, which focused on the Peveril, Central Gossan and Grasmere zones at Wilandra, has identified potential mineralisation of 15.6 to 21.2 million tonnes grading at 0.8% to 1.6% for between 170,000t and 250,000t of copper.

G11 obtained the results with drilling of structurally controlled massive sulphides which outcrops and extends over 4 kilometres of strike.

Additional Geophysical Surveys

Executive chair Martin Donohue said G11 is now planning to expand on this initial assessment with additional surface geophysical surveys and follow-up drilling.

“The maiden exploration target at Wilandra is very encouraging within the context of G11 Resources landholding,” Mr Donohue said.

“This area remains under-explored and, as this exploration target is derived from volcanogenic massive sulphide-style mineralisation, there is still significant scope to expand on the size of this system, which remains open in all directions.”

Exploration activities at Peveril, Central Gossan and Grasmere previously identified a zone up to 4.5m thick extending to 500m down-dip that later faulting has offset into six sulphide-rich lodes.

Extensive Drilling History

Wilandra was the focus of G11’s activities during the June quarter, with the completion of an extensive moving loop electromagnetic survey over the Chevron and Bedford target areas.

Drilling data at Wilandra now features approximately 205 drill holes, 72 of which Black Range Minerals completed in the mid 2000s.

G11 also submitted applications with the NSW government’s critical minerals and high-tech metals exploration program for support with a targeted induced polarisation survey at Wilandra covering between 35 and 40 line-km, as well as a further application for drill testing chargeability targets.

The company’s technical team conducted a number of detailed reviews on new opportunities with significant copper and gold potential during the quarter, and made several changes to its board aimed at assisting in advancing any such opportunities.