Encounter Resources Limited (AU:ENR) has released an update.
Encounter Resources Limited has announced promising initial drilling results at the Jessica Copper Project in the Northern Territory, indicating the presence of copper mineralisation consistent with iron oxide copper gold (IOCG) style deposits. The discovery within the Zeta target area showcases significant IOCG indicators, including copper sulphides and hematite alteration. Further assays are expected in the upcoming quarter, and a deep geophysical survey is planned to refine future drilling targets.
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