Ongoing drilling at the Briggs copper project is intersecting broad intervals of copper and confirming higher grade zones in the deposit, Canterbury Resources says.
“The news just keeps improving at Briggs,” managing director Grant Craighead said.
“Not only is the scale of the deposit rapidly increasing, but we are discovering higher-grade zones of copper mineralisation that should significantly enhance the economic potential of the project.
“Importantly, we remain on track to complete our immediate objective of establishing a significant near-surface resource by year-end.”
Canterbury says the deposit at Briggs, 50km inland from Gladstone, has been outlined to a strike length of at least 500m.
Drillhole results are reported HERE