Odin Metals unearths high-grade copper at Cymbric Vale prospect
A highlight intercept from drilling at Cymbric Vale was 11m at 1.9% copper from 35m, including 6m at 3.2% copper from 37m.
Odin Metals (ASX: ODM) has unearthed high-grade copper during a maiden drilling program at the Cymbric Vale prospect within its flagship Koonenberry project in New South Wales.
The company has received assays from the first 12 scout reverse circulation holes drilled at Cymbric Vale.
Drilling totalled 960m and focused on two targets within the prospect.
Best assays were 11m at 1.9% copper from 35m, including 6m at 3.2% copper from 37m; 7m at 1.08% copper from 48m; and 10m at 0.88% copper from 11m.
Odin noted that “significant mineralisation” was hit in the majority holes drilled at Cymbric Vale.
The company added the results support the existence of “larger higher-grade primary copper mineralisation” at Cymbric Vale.
Mineralisation also remains open in all directions.
Numerous targets
Odin recently completed a HeliTEM survey at the project, which identified numerous targets along 12km of strike, including over Cymbric Vale.
Odin is gearing up for further reverse circulation drilling, which is scheduled to begin at the end of this week.
The program will initially focus on the Grasmere deposit and then proceed back to Cymbric Vale.
Meanwhile, scout drilling is continuing across Koonenberry where it will test a number of high priority HeliTEM targets.
Advancing Koonenberry
Assays are pending from initial reverse circulation drilling at Grasmere, which has a historic resource of 5.75 million tonnes at 1.03% copper, 0.35% zinc, 2.3 grams per tonne silver and 0.05g/t gold.
To-date, Odin has completed 2,800m out of a planned 5,000m at Koonenberry with 960m of that undertaken at Cymbric Vale.
Multiple more drill campaigns will be completed at Koonenberry throughout the course of 2022.
Odin’s Koonenberry project covers 2,600 square kilometres of land, with 150km of strike identified.
The project is 80km east of Broken Hill and Odin says it is “significantly underexplored”.
Koonenberry is believed prospective for a number of mineralisation styles including: volcanogenic massive sulphide-hosted copper-zinc-gold-silver deposits; magmatic nickel-copper-platinum group elements; epithermal silver-lead-copper; and orogenic gold.