Weather Delays Overcome as S2 Drills Critical West Murchison Anomaly

S2 Resources has initiated reverse circulation drilling at the Yalgamine soil anomaly within its West Murchison project, targeting a significant copper-platinum-palladium-gold zone. Assay results are expected by early October, while drilling permits progress for the Warraweena project in NSW.

  • RC drilling starts at 500m-long Yalgamine multi-element soil anomaly
  • Targets copper, platinum, palladium, and gold mineralisation
  • Drilling aims to test intrusion and mafic rock characteristics
  • Assay results anticipated late September to early October
  • Permitting underway for Warraweena project drilling in NSW
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Drilling Commences at West Murchison

S2 Resources Ltd has announced the commencement of reverse circulation (RC) drilling at the Yalgamine soil anomaly, part of its 100% owned West Murchison project in Western Australia. After a brief weather-related delay, the program is set to test a substantial 500-metre-long and 150-metre-wide zone exhibiting strong copper, cobalt, platinum, palladium, and gold anomalism.

This multi-element anomaly is particularly intriguing as it aligns with the margin of a distinctive eye-like magnetic feature interpreted as an intrusion. The drilling will probe depths between 100 and 200 metres to identify the source of the soil anomaly, characterize the intrusion, and confirm the presence and nature of mafic rocks that could host valuable magmatic sulphide or low-sulphide platinum group element mineralisation.

Significance of the Yalgamine Anomaly

The Yalgamine anomaly stands out due to its coincident copper and cobalt peaks, up to 867 ppm and 65 ppm respectively, alongside platinum, palladium, and gold concentrations. Such a combination suggests potential for economically significant mineral deposits, which could enhance S2 Resources’ portfolio substantially if confirmed by drilling results.

Assay results from this initial drilling phase are expected by late September or early October, a timeline that will be closely watched by investors and analysts eager to assess the project's resource potential.

Progress at Warraweena Project

Meanwhile, S2 Resources is advancing permitting for its Warraweena project in New South Wales, where it has the opportunity to earn up to an 80% interest from Oxley Resources. Preparations are underway to commence drilling on several geophysical targets, with operations anticipated to begin in early October. This parallel activity underscores the company’s broader exploration strategy targeting multiple fronts.

With drilling programs ramping up at both West Murchison and Warraweena, S2 Resources is positioning itself to potentially unlock significant base and precious metal resources across two promising Australian regions.

Bottom Line?

Upcoming assay results will be pivotal in defining S2 Resources’ next exploration and development steps.

Questions in the middle?

  • Will the assay results confirm economically viable mineralisation at Yalgamine?
  • How might the intrusion characteristics influence the scale and grade of mineral deposits?
  • What are the prospects and timelines for drilling outcomes at the Warraweena project?