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Inflection Resources Outlines Next Series of Alkalic Copper-Gold Porphyry Projects To Be Drill Tested In New South Wales
Vancouver, British Columbia - TheNewswire - April 13, 2022 - Inflection Resources Ltd. (CSE:AUCU) (CNSX:AUCU.CN) (OTC:AUCUF) (FSE:5VJ) (the "Company" or “Inflec
About this update from Inflection Resources Ltd.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - April 13, 2022 - Inflection Resources Ltd. (CSE:AUCU) (CNSX:AUCU.CN) (OTC:AUCUF) (FSE:5VJ) (the \"Company\" or “Inflection”) is pleased to outline the next series of high-priority copper-gold alkalic porphyry projects to be drill tested in Northern New South Wales, Australia. The Company is currently preparing to mobilise a drill to test an additional five targets, three of which have not previously been drill tested, and two of which follow-up highly encouraging alteration and geochemistry previously drilled by the Company. Summary Highlights The Company is preparing to drill test the next five projects: Fairholme, Duck Creek, Meringo, Marra and Trangie, all located under post-mineral cover in northern New South Wales; Four of the projects are large alkalic copper-gold targets located in the Macquarie Arc with the fifth being a Zirconium-REE target; Drilling at Trangie will step-out from previous drilling that has returned highly favourable alteration and geochemistry that is indicative of proximity to an intrusion-related system; and, The Meringo and Marra drilling will be partially funded by the New Frontiers Cooperative Drilling program managed by the Geological Survey of New South Wales. The program provides grants to successful applicants for exploration drill programs that demonstrate strong prospectivity, sound financial planning and a proven technical base. The planned drill program is part of the Company’s ongoing initiative to explore the northern covered extension of the Macquarie Arc, primarily for previously unrecognised alkalic porphyry systems. All of this next group of targets are fully permitted with drilling expected to recommence in the coming days. Alistair Waddell, Inflection’s President and CEO, states: “Inflection is committed to systematically explore its 100% owned portfolio of large copper-gold alkalic porphyry targets in New South Wales. The targets have been generated through the application of leading geoscience and a disciplined, analytical systems-thinking approach utilising the Company’s ever-increasing primary exploration data. We are excited to drill test this next series of high-priority target areas.” Duck Creek - EL 8965: The Duck Creek project is a large alkalic porphyry-related copper-go...