Can Red Hill Minerals Translate IP Anomalies into a Major Copper-Gold Discovery?
Red Hill Minerals has revealed a significant 4-kilometre strike length of chargeability anomalies at its Anabama copper-gold target in South Australia, following a detailed Induced Polarisation survey. The findings align closely with historic drilling and set the stage for imminent drilling campaigns.
- Completion of seven-line Induced Polarisation (IP) survey at Anabama
- Chargeability anomalies extend over 4 kilometres along Anabama-Redan Shear Zone
- Strong correlation between IP anomalies and historic copper-gold drill intercepts
- Additional IP survey lines underway to extend and infill target area
- Native Title Agreement finalized, enabling heritage surveys and drill planning
Exploration Breakthrough at Anabama
Red Hill Minerals Limited (ASX – RHI) has announced promising results from its recent Induced Polarisation (IP) survey at the Anabama copper-gold target in South Australia. The survey, comprising seven lines across the Anabama-Redan Shear Zone, has identified chargeability and resistivity anomalies extending over a strike length exceeding four kilometres, effectively doubling the previously known target extent based on historic drilling.
This extensive anomaly is significant because it highlights potential zones of disseminated sulphide mineralisation, which often correlate with copper and gold deposits. The IP survey lines oriented over historic drill sites demonstrated excellent alignment between elevated chargeability zones and known mineralisation, lending confidence to the geophysical interpretation.
Context and Historical Significance
The Anabama Project, situated within the Olary Province approximately 140 kilometres southwest of Broken Hill, NSW, covers 840 square kilometres and is part of a joint venture with Peel Mining Limited. Historically, exploration focused on near-surface copper-gold mineralisation along the shear zone, with drilling conducted over a two-kilometre section. However, since the late 2000s, activity has been limited.
Red Hill’s recent IP survey has revitalised interest by revealing that the mineralised system extends well beyond previously drilled areas. The survey results suggest that the Anabama-Redan Shear Zone may deviate northwest in some sections, prompting additional survey lines to better delineate the structure.
Next Steps and Strategic Progress
Building on these encouraging findings, Red Hill has already commenced a follow-up five-line IP survey to infill and extend the chargeability anomaly, with final data expected by late August. Concurrently, the company has finalized a Native Title Agreement with the Wilyakali Native Title Aboriginal Corporation, clearing a critical path for heritage surveys and enabling the planning of first-pass drilling campaigns.
While no new drilling results have been reported yet, the alignment of geophysical data with historic mineralisation and the expanded target area provide a compelling case for imminent drill testing. The company’s methodical approach, combining modern geophysical techniques with respect for native title protocols, positions it well to unlock the project’s potential.
Investors and analysts will be watching closely as Red Hill advances from geophysical targeting to drilling, which will be the definitive test of the Anabama Project’s copper-gold prospectivity.
Bottom Line?
Red Hill Minerals’ expanded target at Anabama sets the stage for a pivotal drilling campaign that could reshape its exploration narrative.
Questions in the middle?
- Will the upcoming drilling confirm the extent and grade of mineralisation suggested by the IP anomalies?
- How might the expanded strike length impact Red Hill’s resource estimates and joint venture terms?
- What are the timelines and potential challenges for heritage surveys and drill approvals following the Native Title Agreement?
