Core Insights - South Pacific Metals Corp. has announced the discovery of new mineralized structures at the Ontenu NE prospect within its Osena Project, with assay results showing up to 3.85g/t Au, 1.2% Cu, and 603g/t Ag in rock chip samples [1][3][5] Exploration and Assay Results - The exploration at Ontenu NE has recently pivoted, leading to the identification of several new mineralized structures that may represent upper levels of epithermal Au-Cu veins [3] - High assay results include: - 3.95g/t Au, 1.2% Cu, and 603ppm Ag from one sample - 7.69g/t Au in a 10-30cm wide vein in a sheared conglomerate outcrop - 9.34g/t Au and 272g/t Ag in a creek float rock sample [5][10] - The mineralized structures are associated with a >600m long Au-As soil anomaly and several Au-As (+Cu) soil anomalies extending up to 1,200m long [5][10] Project Overview - The Osena Project covers 738 km² and is strategically located adjacent to K92 Mining's Kainantu Gold Mine, which is a significant gold-copper mining operation [10][13] - The Ontenu Prospect is part of a larger mineralized corridor extending over 40 km northeast across the Kainantu District, with potential for large-scale copper-gold porphyry and epithermal vein targets [10][13] Future Plans - The company plans to commence drilling within the next month, targeting the identified epithermal Au-Cu veins based on ongoing mapping and sampling results [3][5]
New Mineralised Structures Found at Ontenu NE, With Assay Results up to 3.85g/t Au, 1.2% Cu, 603g/t Ag in Rock Chips