Mount Hope Mining has identified multiple strong electromagnetic conductors at its Blue Heeler prospect, signalling promising mineralisation near historic copper mines. The company is set to commence its maiden drilling program, aiming to unlock new resources within the Mt Hope Project.
- Multiple strong EM conductors detected, largest extending 600m strike
- Blue Heeler located 2km south of historic Great Central and Comet copper mines
- Historic drill hole GCS-1 nearby returned significant zinc, lead, copper, and silver grades
- Drill permits secured for ~1,000m reverse circulation drilling
- Maiden drill program to include Blue Heeler target imminently
Emerging Target in a Historic Mining District
Mount Hope Mining Limited (ASX – MHM) has revealed encouraging results from a recent Moving Loop Transient Electromagnetic (MLTEM) survey at its Blue Heeler prospect, part of the company’s fully owned Mt Hope Project in New South Wales. The survey identified multiple strong electromagnetic conductors, with the largest anomaly extending an impressive 600 metres along strike. This discovery positions Blue Heeler as a compelling new target within a region historically known for copper production.
Strategic Location Along the Sugar Loaf Fault
Situated just 2 kilometres south of the historic Great Central and Comet copper mines, Blue Heeler lies within the Sugar Loaf Fault corridor; a major mineralised structure that has historically controlled significant copper mineralisation in the area. The proximity to these past producers adds geological weight to the prospectivity of Blue Heeler, suggesting continuity of mineralisation along this fault system.
Historical Drilling Supports New Geophysical Data
Adding to the excitement, the MLTEM anomalies are located approximately 200 metres west of historic drill hole GCS-1, drilled in the 1970s by a joint venture between Texasgulf and Kennecott. This hole intersected a 31-metre interval grading 0.42% zinc, 0.26% lead, 117 ppm copper, and 4.8 ppm silver from 56 metres downhole. Although the previous operators dismissed the mineralisation due to its association with pyrrhotite, Mount Hope Mining views this intercept as a potential “near miss” and a strong indicator of the prospect’s potential.
Imminent Drilling to Test the Prospect
With drill permits now secured, Mount Hope Mining plans to incorporate approximately 1,000 metres of reverse circulation drilling at Blue Heeler into its maiden drill program, set to commence imminently. This drilling will aim to test the conductive plates modelled from the MLTEM data and follow up on the encouraging historic intercepts. The company’s Managing Director and CEO, Fergus Kiley, highlighted the strategic importance of Blue Heeler, noting its location along a major mineralised basin structure and its proximity to other promising targets, including a gold-rich massive sulphide lens just 1 kilometre to the north.
Looking Ahead
The combination of strong geophysical anomalies, supportive historic drilling, and a well-defined structural setting makes Blue Heeler a highly prospective target within the Mt Hope Project. As Mount Hope Mining advances towards drilling, the market will be watching closely for assay results that could validate the potential for new base metal and precious metal resources in this underexplored corridor.
Bottom Line?
Mount Hope Mining’s upcoming drilling at Blue Heeler could unlock a new chapter in the Mt Hope Project’s mineral story.
Questions in the middle?
- Will the maiden drilling confirm the extent and grade of mineralisation suggested by the EM conductors?
- How might Blue Heeler’s results influence the overall resource potential of the Mt Hope Project?
- Could further exploration along the Sugar Loaf Fault corridor reveal additional targets?