Silver explorer Walcott Resources Ltd says its preliminary work has identified exploration potential as its Century South Silver-Zinc Project (CSSZP) in north-west Queensland.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Walcott's CSSZP is a 277sqkm prospect near New Century Resources' Century Mine that recommenced mining operations in 2018:
The two projects are on the same regional fault line which is known to control and constrain silver-zinc mineralization in the district;
There are similarities between the magnetic / density geophysical characteristics at CSSZP and Century Mine2, indicating that the underlying geology might be comparable.
Walcott's technical team plans to undertake a site visit and commence a wide-spread surface sampling campaign, focused along the prospective regional fault.
Walcott CEO David Thornley-Hall said they were excited by the strong fundamentals linked to the Century South Silver-Zinc Project,
"We anticipate committing to a significant work program on this property," Mr Thornley-Hall said.
"Accordingly, our Australian technical team have set an ambitious agenda to swiftly and effectively advance towards drillable targets within the tenure."
READ ALSO: NW Qld turtle in case of mistaken identity
While you are here, subscribe to our weekly email newsletter delivered to your inbox every Tuesday and Friday
Derek Barry
Editor of the North West Star Mount Isa since January 2016. Prior to that, an editor at several regional southern Queensland newspapers. Passionate about telling local stories. Comes with a strange accent to due an Irish accident of birth.
Editor of the North West Star Mount Isa since January 2016. Prior to that, an editor at several regional southern Queensland newspapers. Passionate about telling local stories. Comes with a strange accent to due an Irish accident of birth.
