Advance Metals Limited reported the company has completed further analysis of the geochemical samples taken from site during Third Quarter 2022. The results from this analysis have identified exploration targets that the company is currently permitting for drilling. The recently released JORC Exploration targets used the geochemical data collected to define target areas for drilling. The geochemical rock chip samples assayed highlight the presence of high-grade copper molybdenum and other US critical minerals including tungsten at Garnet Creek. The sampling program was successful in identifying anomalous copper, silver, gold, tungsten, and molybdenum at Garnet Creek. The assay results show that the northern area known as
Tussel Ridge (Target A) is prospective for economic copper mineralisation. 90 rock samples were collected from several sites within the Project area. These samples include channel samples, randomised grab samples, and select samples of mineralisation from outcrop and historic workings. The program was broken into two stages; stage one was completed in Second Quarter 2022, with a follow-up program completed in Third Quarter 2022.
Rock sampling from the Project area confirms the presence of high grades of copper and other metals within tactite skarns. The results indicate that Garnet Creek has the potential to host different highly sought-after minerals. The Company has developed a drilling program to target all these minerals at depth. Copper values from select targets reach as high as 21.24 % Cu with a number of samples of >+1% across the Project. These results are representative within line with the historic sampling reported; samples collected near several of the historic mines assayed as high as 21% Cu. Select rock assays in the newly developing Tussel Ridge target also contain high copper, silver, and gold. Additionally, 0.5% Cu was assayed from within the volcaniclastics directly west of Lockwood Saddle, in the north central Project area, implicating several different mineralization styles exist throughout Garnet Creek. Silver values assayed up to 345 g/t, and silver is present alongside copper in most rock chip samples.