Adelaide Resources Limited (ASX: ADN) – $0.024 (+4%)
24 Mar 2015
Adelaide Resources Limited (ASX: ADN) will commence its first deeper drilling program at the Alford West Copper Prospect located in the northern part of the 100% owned Moonta Copper Project approximately 150km north of Adelaide in South Australia (Figure 1).
Figure 1. Location of Moonta Copper Project
In early 2015 an aircore drilling program tested targets at the Alford West Copper Prospect. Drilling comprised 12 drillholes for a total of 1,069 metres with good copper mineralisation intersected.
The company’s first deeper drilling program is scheduled to commence this week. The reverse circulation drilling program consists of 14 drillholes with planned depths of 250 metres to test both the Larwood and Bruce Zones at depth.
For further information, visit www.adelaideresources.com.au
Resources Stocks to Watch (RSTW) is the leader in research on over 680 ASX listed micro to small-cap mining stocks and commodities. We are independent and do not accept commissions. We tell it like it is. Our reports are researched by experienced geologists and resources analysts, the experts in the field.