Adyton Resources has made significant progress at its Feni Island project in Papua New Guinea, completing 1876m of drilling.
The company has completed four of its planned deep diamond drill holes, and two are currently in progress, targeting extensions and new zones across the Kabang and Matangkaka ore zones.
The exploration program aims to test the depth of the existing Feni resource, investigate the gap between Kabang and Matangkaka, assess the continuity of known copper mineralisation, and explore the untested northeast extension of Matangkaka.
“Significant progress is being made at the 100 per cent owned Feni Island project, with our drill programme now having completed 4 drill holes, with holes 5 and 6 underway, and over 1800m completed,” Adyton Resources chief executive officer Tim Crossley said.
“Holes FDD001 and FDD002 were drilled in a geothermal area with challenging drilling conditions, characterised by intense alteration, hot springs, and highly fractured and altered ground.
“Despite these difficulties, the team performed exceptionally well, still achieving excellent core recoveries.”
Initial core observations suggest strong sulphide mineralisation across several holes, with semi-massive pyrite and disseminated chalcopyrite evident in breccia and intrusive units.
Hole FDD004 – drilled to 453.2m and targeting the untested zone between Kabang and Matangkaka – returned visible vein-hosted and disseminated sulphide mineralisation, with a porphyry-style alteration zone between 383.9m and 424m.
“We are encouraged by the visual logging results of the holes, particularly, hole 4 and the ongoing hole 5,” Crossley said.
Adyton Resources chief operating officer and chief geologist Chris Bowden said the biology shows promising signs of mineralisation.
“Whilst assay results are still pending, visual observations are showing long intercepts (more than) 100m of hydrothermal to intrusive breccias that are evidencing mineralisation with sulphides (pyrite ± chalcopyrite) and intensely altered (sulphide ± silica-clay),” Bowden said.
“The sulphides being the typical host to the gold stage of mineralisation at Feni as evidenced from previous drill campaigns, correlation to historical assays and historical petrography.”
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