Raptor Metals completes maiden drilling at Chester copper project

Eastern Metals Limited ( (AU:RAP) ) just unveiled an update.

Raptor Metals completed its maiden 2,126 metre diamond drilling program at the Chester copper project in New Brunswick, the first systematic campaign since acquiring Raptor Resources and relisting on the ASX. The work is aimed at validating the existing JORC-compliant mineral resource estimate, collecting metallurgical samples and improving understanding of deposit controls to support future resource expansion.

Geological logging across all 19 drill holes confirmed consistent lithology and copper sulphide mineralisation in line with historical records, underpinning confidence in the geological model and continuity of the deposit. Assay results from HQ core and metallurgical tests on PQ core are pending within weeks, while a scheduled downhole TDEM geophysical survey and a cash balance of $2.273 million position the company for continued exploration and potential resource growth in the June quarter.

More about Eastern Metals Limited

Raptor Metals Ltd is an Australian-based exploration company focused on copper, silver and base metals projects in Canada’s Bathurst Mining Camp in New Brunswick. Its flagship asset is the Chester Project, located in a globally recognised volcanogenic massive sulphide district that has historically produced more than 180 million tonnes of base metal ore.

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Technical Sentiment Signal: Buy

Current Market Cap: A$31.15M

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