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C29 Metals Limited (ASX:C29) commences exploration activities at Mayfield Copper- Gold project

Image Source: Company’s website

Highlights:

  • C29 Metals Limited (ASX:C29) has reviewed the existing geophysical datasets for Mayfield.
  • Based on the review of the previously available dataset, the company has determined that reprocessing aeromagnetic and sub-audio data would improve their quality.
  • The Cloncurry district (Mt Isa Eastern Succession) mineralisation has a characteristic property of positive gravity anomaly.
  • C29 Metals and an independent geophysical advisor have designed the high-resolution gravity survey.

ASX-listed copper explorer C29 Metals Limited (ASX:C29) has announced the commencement of exploration activities at its Mayfield copper-gold project near Mt Isa in Queensland. The company has reviewed the existing geophysical datasets which includes magnetics, radiometric, sub-audio magnetic, gravity with the available datasets for Mayfield. The data is evaluated for resolution and quality before the company commences the fieldwork.

Based on the analysis, the company determined that reprocessing the existing aeromagnetic and sub-audio magnetic data would improve definition and targeting ability. At the same time, it will also allow for a better compilation of the data sets.

Source: Company’s update


 


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