Constellation Resources Limited (ASX:CR1) Defines Copper Gold Target at Ularring
DDIP Survey Results
Constellation Resources Limited (ASX:CR1) has completed a dipole-dipole induced polarisation (DDIP) survey at the Centre Forest Prospect within its 100% owned Ularring Copper Gold Project in Western Australia. The survey identified a horizontal plunging chargeability zone exceeding 16mV/V over an area of 1.1km by 0.3km from a depth of 300m, featuring a core with chargeability greater than 20mV/V that remains untested by previous drilling.
Future Drilling Plans
The company plans to initiate a priority diamond drilling program in the coming months to test the newly identified high-grade intrusion related copper gold target, pending drill rig availability. An application has been submitted to the Exploration Incentive Scheme to support the drilling program, with the initial hole targeting the highest chargeable zones along Section A-A1.
Ularring Project Overview
The Ularring Project, located 100km northeast of Perth within the Archaean Yilgarn Craton, is known for its highly prospective intrusion related copper gold system. Historical exploration by various companies has highlighted the region’s potential, with the Centre Forest Prospect being the most advanced. Ongoing soil sampling and future drilling are expected to further delineate the project’s mineralisation potential.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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