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Duékoué Prospect Update and proposed explorat...
Duékoué Prospect Update and proposed explorat....
About this update from Serval Resources Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\nOscillate PLC(\"Oscillate\" or the \"Company\")14 May 2025Update on the Duékoué Prospect and proposed exploration programmeOscillate PLC (\"Oscillate\" or \"the Company\") is pleased to provide an update on the Duékoué Project (\"Duékoué\") following the formation of a Joint Venture Partnership and earn-in agreement with La Miniere de L'Elephant SARL (\"Laminele\", together the \"JV Partnership\") as announced on 30 April 2025. Duékoué, is a copper-gold-molybdenum (\"Cu-Au-Mo\") prospect located in the District des Montagnes in western Côte d'Ivoire.Geological mineralisation Historic data suggests multiple mineralisation models, including Iron Oxide Copper Gold (IOCG) and porphyry copper-molybdenum systems. Further exploration is required to confirm the geological model; the planned work programme will clarify this.Planned work programme - Phase IAn initial programme will be advanced in order to confirm the historic data compiled by the Société pour le Développement Minier de la Côte d'Ivoire (\"SODEMI\") in the 1970s. This programme will aim to complete the following work in Q2- Q3 2025.\tA limited geological mapping and soil geochemical sampling programme over selected lines covering the SODEMI identified anomalies. This will both accurately locate the anomalies and confirm the data obtained in the 70s.\tGround magnetics on the same profiles will give the magnetic signature of the geochemical anomalies enabling better interpretations of the geology.\tFurther mapping will be undertaken to better understand a postulated late-stage granitoid circular structure hosting the molybdenum-copper mineralisation. The Company has established that several large xenoliths of other lithotypes are present within the mapped Duékoué granite and it is Oscillate's intention to locate these with more certainty as it will aid in setting the next phase of exploration.Planned work programme - Phase IIFollowing the initial Phase I work programme, which is expected to be completed in Q3, planning will commence for Phase II. This will start when the rainy season finishes in September/October. It is thought likely that a pitting and trenching programme to investigate the geology and mineralisation will be the focus ahead of any drilling campaign that may be considered.While this project may be considered brown field in nature, the work ...