S2 Resources announces Glenlogan drill findings

S2 Resources (ASX:S2R), through its subsidiary Red Star Resources Pty Ltd, has announced encouraging results from its first diamond drill hole at the Glenlogan project in the Lachlan Fold Belt, New South Wales. The exploration indicates potential for porphyry copper-style mineralization, with significant copper and gold levels found in the lower section of the drill hole. Future exploration plans include geophysical surveys and additional drilling.

Summary of S2 Resources' exploration update

S2 Resources has reported promising initial results from its Glenlogan project in New South Wales, suggesting potential for porphyry copper-style mineralization. The findings include elevated copper and gold levels in the drill hole's lower section, indicating a fertile environment near a possible mineralized porphyry intrusion. The company has plans for further geophysical surveys and drilling, supported by ten land access agreements already in place. S2 aims to earn up to 80% interest in the project through a structured earn-in agreement with Legacy Minerals, highlighting its commitment to expanding its exploration and resource potential in the region.

Executive commentary on Glenlogan discoveries

The presence of late magmatic/hydrothermal chalcopyrite along with elevated copper and gold levels in association with QDP dykes is a promising indicator of mineralization potential. This suggests we are in proximity to a mineralized porphyry intrusion, and our ongoing efforts will focus on exploring this potential further.