Oct 27, 2020

Castillo’s Big One drilling campaign kicks off

Castillo’s Big One drilling campaign kicks off

Castillo Copper has kicked off a significant drilling campaign at the Big One deposit within the Mount Oxide project in North-West Queensland.

The work will include more than 35 reverse circulation drill holes for about 4385m and an incremental 160m diamond drilling campaign targeting
two drill-holes.

It aims to confirm the extension of known mineralisation at the site, especially how deep high-grade supergene mineralisation extends from surface and if this transitions into underlying sulphides at depth.

Previous drilling intersected up to 28.4 per cent copper, with the best high-grade economic intercept 3m at 12.25 per cent copper from 42m.

“After considerable hard work from all stakeholders, the board is delighted that drilling has now commenced at the Big One Deposit in our core Mount Oxide project,” Castillo Copper managing director Simon Paull aid.’

‘As the geology team will be sending samples for analysis at regular
intervals, we will be providing regular updates on findings over the course of the campaign.”

Drilling at The Big One will be followed by an RC drilling campaign at the Arya prospect at the Mount Oxide project, comprising about 3432m over 14 drill holes.

The Mount Oxide project is located 150km north of Mount Isa near the old Mount Oxide copper mine.