Corridor drilling of IP anomaly links Peel's Cobar deposits

PEEL Mining has had two wins today with drilling confirming a link between the “rediscovered” Wagga Tank polymetallic deposit in New South Wales’ Cobar Basin and the new Southern Nights discovery, while in the west spin-out Saturn Metals has seen further gold from maiden Apollo Hill program.

Corridor drilling of IP anomaly links Peel's Cobar deposits Corridor drilling of IP anomaly links Peel's Cobar deposits Corridor drilling of IP anomaly links Peel's Cobar deposits Corridor drilling of IP anomaly links Peel's Cobar deposits Corridor drilling of IP anomaly links Peel's Cobar deposits

Core from the Wagga Tank-Southern Nights corridor.

 
In NSW, a hole drilled between Wagga Tank and Southern Nights has established the link with strong mineralisation seen in a hole that was designed to assess a chargeable IP geophysical target located some 300m south of the Wagga Tank deposit and 500m north of Southern Nights.
 
While the target was assessed at 300m depth a deviation to the north resulted in the drillhole penetrating deeper than planned, intercepting the target at 415m below surface. 
 
Visually, the core shows a significant zone of massive to semi-massive pyrite-chalcopyrite-sphalerite-galena mineralisation was intercepted between 436-449m downhole. 
 
It is one of the deepest intersections in the Wag...