Korab Resources stated highlights from the newly acquired Ashburton Downs Copper-Gold project at Ashburton Downs, Western Australia. The project consist of a single exploration licence application covering an area of 380 km2 which is held by Australian Copper P/L (a wholly owned subsidiary of Korab). Australian Copper will operate the project. Previous work indentified extensive VMS-style copper and gold mineralisation. Diamond drilling samples grade up to 1.32 % copper. The project includes several historical small-scale but high-grade copper mines.
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