Minotaur has launched a 21,000m drilling campaign at the Jericho copper discovery within the Eloise joint venture project in North-West Queensland.
Two multi-purpose rigs will be utilised, operating 24/7, with drilling planned to a vertical depth of 300m.
Minotaur said 80-90 holes were planned within the central Jericho zone, a portion of a broader mineral system as defined by drilling in 2018.
The drill program is intended to improve geological confidence in lode
continuity and grade by closing existing hole spacings and is expected to enable estimation of an inaugural JORC resource for that portion of Jericho.
Drilling will continue through into July and is being managed and operated by Minotaur on behalf of the JV.
Minotaur is in the exploration joint venture with OZ Minerals, covering an area around the Eloise copper-gold mine, 65km south-east of Cloncurry,