The Junction Target
Our initial drilling programme at Junction, carried out in mid-2013, comprised two holes of 841 metres and 736 metres depth respectively. These two diamond drillholes were directed at a strong combined chargeability and conductivity geophysical anomaly – a shallower chargeability anomaly which enclosed a deeper conductivity anomaly. While neither hole intersected economic grades or thickness of copper mineralization, important positive indicators of proximity to porphyry systems were observed in each. These indicators do point to the presence of a copper porphyry system at Junction, but possibly at a depth of up to 1,500 metres. The very extensive and intense silica-sericite-pyrite (“Phyllic”) alteration and the exceptionally well-developed pebble dykes which are seen in those two holes are diagnostic of such systems.