Cudeco Limited (CDU) said that first pass shallow RC drilling at its Wilgar Prospect, located in the Rocklands Copper Project in Central Queensland, had shown ‘exceptional results’ from high grade rare elements, uranium and molybdenum. The company said Wilgar has long been flagged as holding potential importance, due to high grade near-surface gold assay results. Meanwhile, the area immediately surrounding Wilgar has become the subject of renewed interest and detailed geological investigation.
Wilgar Results
Silver (Ag) 4,030ppm (4.03kg/t)
Gold (Au) 12.6ppm (12.6g/t)
Molybdenum (Mo) 31,800ppm (3.18%)
Tellurium (Te) 2,640ppm (0.26%)
Uranium (U) 2,280ppm (2.3kg/t)
Selenium (Se) 9,780ppm (0.98%)
LMRC754 intersected;
Silver Intersection
Intersected 10m @ 457 g/t Ag from 44m – 54m (hole ended in mineralisation at 54m)
Including 2m @ 3260 g/t Ag from 52m – 54m
Including 1m @ 4030 g/t Ag from 52m – 53m
Gold Intersection
Intersected 10m @ 1.49 g/t Au from 44m – 54m (hole ended in mineralisation at 54m)
Including 2m @ 7.14 g/t Au from 52m – 54m
Including 1m @ 12.6g/t Au from 52m – 53m
Molybdenum Intersection
Intersected 2m @ 1.76% Mo from 52m – 54m (hole ended in mineralisation at 54m)
Including 1m @ 3.18% Mo from 52m – 53m
Uranium Intersection
Intersected 2m @ 1305ppm U from 52m – 54m (hole ended in mineralisation at 54m)
Including 1m @ 2290ppm U from 52m – 53m
Selenium Intersection
Intersected 2m @ 5415ppm Se from 52m – 54m (hole ended in mineralisation at 54m)
Including 1m @ 9780ppm Se from 52m – 53m
Tellurium Intersection
Intersected 2m @ 1500ppm Te from 52m – 54m (hole ended in mineralisation at 54m)
Including 1m @ 2640ppm Te from 52m – 53m
The image below shows the Wilgar deposit directly below the 8 circled in black… note the much greater anomaly in the left bottom corner.