EXCO 100%
Copper, Gold
The Hazel Creek Project is situated approximately 90kms north of Cloncurry and incorporates a large area of prospective land that remains relatively unexplored. In 2004 Exco moved to full ownership of the Hazel Creek project area and has confirmed the prospectivity of the area through the discovery of several key prospects. The Hazel Creek Project covers over 1000km2 of highly prospective tenements, the majority of which remain untested.
The project area includes the Turpentine Deposit (1.84mt @ 1.03% Cu & 0.2 g/t Au) discovered by Exco and a number of prospects where ore grade mineralisation has been intersected. The more advanced prospects include:
Eight Mile Creek: Drilling has intersected broad areas of mineralisation implying significant tonnage potential. Results include:
- 41m @ 0.72% Cu & 0.17g/t Au
- 18m @ 0.77% Cu & 0.21g/t Au
- 48m @ 0.71% Cu & 0.21g/t Au
- 54m @ 0.51% Cu & 0.26g/t Au
Turpentine: Previous drilling has outlined a steeply dipping zone of mineralisation. Recent results include:
- 11m @ 2.01% Cu & 0.51g/t Au
- 35m @ 0.44% Cu & 0.09g/t Au
Turpentine South: Previous drilling has located zones of magnetite associated copper-gold mineralisation similar to Eight Mile Creek and Turpentine.
Numerous other targets and anomalies occur throughout this relatively under explored package which has strong potential for further large scale copper discoveries.