Brockman Mining has reported promising new drilling results at its Punda Springs Iron Ore Project, revealing high-grade iron intersections and opening up fresh exploration potential in the Western Zone. These findings reinforce the project’s prospectivity for significant iron ore resources in the Pilbara region.
- 36m at 55.8% iron from 26m depth in Eastern Zone drilling
- 22m at 58.7% iron from 40m depth in first Western Zone drill test
- Western Zone mineralisation remains open along strike and at depth
- 33 reverse circulation holes drilled totaling 2,199m
- Multiple mineralised zones hosted by Boolgeeda Iron Formation confirmed
Encouraging Drilling Results at Punda Springs
Brockman Mining Limited has announced further positive exploration outcomes from its 100% owned Punda Springs Iron Ore Project, located in Western Australia's prolific Pilbara region. The latest reverse circulation drilling campaign has delivered high-grade iron ore intersections, notably 36 metres at 55.8% iron and a standout 22 metres at 58.7% iron. The latter intercept is particularly significant as it represents the first drilling test of the previously untested Western Zone target.
Expanding the Project’s Potential
The Western Zone mineralisation, highlighted by hole PRC0033, remains open both along strike, mainly to the east, and at depth, suggesting substantial upside for resource expansion. This discovery complements the established mineralised zones in the Eastern Zone, where infill and step-out drilling at 400m by 100-200m spacing has confirmed the continuity and quality of the iron ore deposits.
Geological Context and Drilling Details
The mineralisation is hosted within the Boolgeeda Iron Formation, a geological unit known for its gently folded, shallow dipping to sub-horizontal banded iron deposits. The drilling program comprised 33 vertical holes totaling 2,199 metres, with depths ranging from 36 to 90 metres. The results affirm the presence of at least two distinct mineralised zones within the tenement area, reinforcing Punda Springs’ prospectivity as a significant iron ore project.
Next Steps and Market Implications
Brockman Mining plans further drilling to delineate the extent of mineralisation, particularly in the Western Zone where the high-grade intercept remains open. These results not only bolster the company’s exploration credentials but also position Punda Springs as a potentially valuable addition to Brockman’s Pilbara iron ore portfolio, which includes the nearby Marillana and Ophthalmia projects.
While no resource estimate or production guidance has yet been provided, the quality and continuity of mineralisation reported here will be closely watched by investors and industry analysts alike as Brockman advances its exploration efforts.
Bottom Line?
Brockman’s latest drilling at Punda Springs opens a promising new chapter, but the true scale of the Western Zone remains to be defined.
Questions in the middle?
- How extensive is the mineralisation in the Western Zone beyond current drill intercepts?
- When will Brockman release a maiden resource estimate for Punda Springs?
- What are the metallurgical characteristics and potential processing costs of the ore?