Drilling shows more copper on Feni Island

Business

ADYTON Resources Corporation has reported significant copper assays at its 100 per cent owned Feni Island Project (Feni) following the completion of the company’s maiden drilling programme of five diamond holes (1,982m) in September.
Adyton resources president, executive chairman and chief executive officer, Frank Terranova, said the initial objectives of the programme were to expand the gold resource as well as test various induced polarisation (IP) anomalies for the potential of a copper porphyry system.
He said multi-element assays had been returned with significant copper intersections being recorded from a hole in two zones – a shallower disseminated zone of copper mineralisation followed by a zone of massive sulphide copper mineralisation.
Terranova said the assay results demonstrated Feni’s significant copper potential.
“The results confirm that Feni could contain zones of high-grade copper within the extensive gold mineralisation and this confirmation of massive sulphide copper in the system justifies more work which is currently being planned,” he said.
“The recent drilling programme has highlighted the potential for a significant discovery in the 1.5km long Kabang structural corridor.
Terranova said the corridor was lightly drilled, and going north was covered by younger volcanic cover, which has hindered previous exploration efforts hence a focus of the next programme would be exploring under this younger cover.