Ivanhoe Australia announced that continued drilling has intersected higher-grade copper, gold and cobalt mineralisation at shallow depths in the large mineralised system on the company’s Barnes Shaft prospect in Australia. Barnes Shaft, which is part of the Elana M. Trend in the northern Cloncurry tenements, has undergone extensive drilling since August when Ivanhoe announced the discovery of copper, gold and cobalt mineralisation at the prospect. Highlights include hole BAD0018, cutting 29 metres @ 3.21% copper, 3.37 g/t gold and 383 ppm cobalt
from 210 metres
Ivanhoe Australia reported that the Barnes shafts prospect intercepts 29 m of 3.21% copper, 3.37 g/t gold and 383 ppm cobalt from depth of just 210 m. The Barnes shaft's 1.3 km long strike length remain untested.
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