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Revolver strengthens position at Dianne project

Revolver Resources has tightened its grip on prospective ground at its Dianne copper project in far north Queensland with the completion of its earn-in to the Gossan Ridge joint venture.

It has earned a 70 per cent interest in four sub-blocks of EPM 27411 after completing the required in-ground exploration expenditure.

Revolver managing director Pat Williams said this meant that the company now controlled the most prospective locations along both the Dianne high-strain corridor and the Larramore volcanic trend within its broader Dianne project regional tenure.

It was ‘quietly excited’ about the preliminary outcomes from recent Larramore drilling, he said.

“The now demonstrated shallow, and seemingly extensive, presence of IRGS (Intrusive Related Gold System) mineralisation in the Larramore is an undeniably promising development for our exploration efforts at the greater Dianne project,” he said.

“We are currently formulating follow-up drilling plans to further test this potential, with the pending assay results being a key input to the finalisation of this next drill program.”

All eight holes drilled in the recent 1570m diamond program focused on the Larramore volcanics belt intersected significant zones of hydrothermal alteration.

Assay results from the program are expected during October.

But the company believes this is strong potential evidence of significant gold (plus associated copper-cobalt) content in these zones, indicative of an IRGS.

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