Base Metals Exploration



Base Metals Exploration Targets


Alcyone is aiming to define sufficient base metals resources at the Texas Project to commence a viable base metals production operation.


The Company is currently evaluating targets at:


Hornet Cu150m strike length of anomalous copper identified by diamond and RC drilling
Hornet NorthBroad zones of anomalous zinc identified by RAB drilling
FalconExtremely anomalous results from surface sampling, including peaks of 184g/t silver, 2.7% copper, 3.4% lead and 13.7% zinc
VampireCopper anomaly in soils
HawkerCopper mineralisation identified in RC drilling
Silver Spur
  • Inferred JORC resource of 808,000t @ 3.56% zinc, 1.25% lead, 70g/t silver (above 2% ZnEq cut-off) - as published in ASX announcement 14/07/04 by the then project owner Macmin Silver Ltd
  • Historical mining of 90-100,000t at 25% Zn, 13% Pb and 800g/t Ag
  • RC and diamond drilling has returned encouraging grades indicating significant remnant mineralisation
  • Undercover conductivity targets (identified by surface EM) to the south and east of the old mine.