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Cervantes Corporation’s neighbour Ora Gold reveals high-grade copper and silver results

Ora’s initial rock sampling program has returned high-grade copper and silver assays along with moderate gold results.

copper
Cervantes’ recent soil sampling had highlighted the potential of its Abbotts Gold Project

Cervantes Corporation Ltd’s (ASX:CVS) neighbour in the Murchison province Ora Gold Ltd (ASX:OAU) has revealed high-grade copper and silver assays from its initial rock sampling program over the Government Well prospect.

READ: Ora Gold shares surge on sampling high-grade copper and silver at Government Well

Cervantes’ Abbotts Gold Project tenement immediately adjoins to the north and east of Ora's project.

The Government Well prospect is at the northern extremity of the Abbotts greenstone belt

Notably, copper assays of up to 19.5% were returned from rock sampling at Government Well with silver assays up to 275.5 g/t and over 1 g/t gold.

 

The rock sampling was over a number of small pits which have oxidised base metal material that has been identified as milled breccia. Results include:
• 14.0% copper, 52.1 g/t silver and 1.1 g/t gold;
• 14.0% copper, 62.5 g/t silver and 1.2 g/t gold; and
• 19.5% copper, 275.5 g/t silver and 1.2 g/t gold.

Cervantes’ recent regional soil sampling had highlighted the potential of structures running through the Abbotts Gold Project.

Cervantes executive chairman Collin Vost said: “Abbotts is shaping up nicely as a greenfields project in a high potential area.

“Decades of neglect by explorers have delivered an opportunity to Cervantes for a discovery.”

Quick facts: Cervantes Corporation Ltd

Price: 0.004 AUD

ASX:CVS
Market: ASX
Market Cap: $1.99 m
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