Monaro Mining’s (ASX: MRO) wholly owned subsidiary, Uranium Company of Arizona (UCA), has recently undertaken a program of geophysical evaluation of the detachment fault mineral system and, more particularly, upon the Company’s Bernard Claims at its 90% owned Bernard Gold project in La Paz County, western Arizona.
Highlights:
- Seismic and magnetic survey completed over project
- Additional zones of potential mineralisation detected
- Results indicate epithermal activity with potential for a bulk-mineable mineral system
- Stage two drilling to include three new drill targets
- Drilling will now commence in March
Within Bernard’s Lower Plate rocks there are numerous sub-parallel structures which often host gold and copper bearing breccias zones. Numerous prospect pits, open cuts, adits and shafts are located in or near these breccias zones. The Bernard gold vein is the most significant prospect within the claim block.
Click here to view the full announcement.
For further information, please contact:
Jim Malone
Executive Chairman
+61 4 19537714
Media Enquiries:
Fortbridge +61 2 9331 0655
Luke Dean +61 414 535 433
luke.dean@fortbridge.com
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