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HIGHLIGHTS
Magnetic imagery shows the continuation of the mineralised Achilles Shear onto
ELA6755
Highly active exploration neighbours (ASX: AGC and SER) uncovering ongoing
geological prospectivity
The Au-Ag-Zn-Pb-Cu deposits within Cobar region exhibit strong structural control and commonly occur in clusters, with numerous high grade ore bodies emplaced
intermittently along structures
Company seeking to advance project post tenement grant
Regener8 Resources NL (ASX: R8R) (Regener8 or the Company) is pleased to provide an update on the North Achilles project (R8R ASX Announcement 30.07.2024), following ongoing geological desktop assessment and shareholder approval to acquire the project.
The North Achilles project (tenement ELA6755) is located immediately adjacent and abutting tenements held by Australian Gold and Copper Ltd (ASX:AGC) where approximately 2.2km south, the Achilles discovery was recently made (Figures 1 & 3). This discovery displays outstanding drill results including 5 metres @ 16.9g/t Au, 1,667g/t Ag, 0.4% Cu & 15% Pb + Zn (A3RC030 - AGC ASX Ann. 04.06.2024).
Geophysical imagery supports the interpretation the mineralisation-hosting Achilles Shear continues north into the North Achilles project. The Company will look to advance exploration on the project including land access negotiations, following tenement grant.
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