Golden Deeps (ASX:GED) reports significant copper, zinc, silver, and gold mineralisation at Havilah Project

Golden Deeps Limited (ASX:GED) has announced substantial intersections of copper and zinc bearing sulphide mineralisation, along with significant levels of silver and gold, from diamond drillholes HVD001 and HVD003 at the 100% owned Havilah Project in the Lachlan Fold Belt Copper-Gold Province in NSW. Diamond drillhole HVD003 intersected an 84m zone of semi-massive patches, veins, and disseminations of chalcopyrite, sphalerite, and pyrite, while HVD001 intersected 40m of siliceous breccia veining with disseminated sulphide mineralisation and significant gold mineralisation. Results are pending for diamond drillhole HVD004, and extensive soil sampling programs are in progress.

Golden Deeps CEO Jon Dugdale comments on the assay results

The assay results for diamond drillholes HVD001 and HVD003 at the Havilah Project have confirmed the discovery of extensive copper-zinc bearing sulphide mineralisation as well as zones of silver and gold mineralisation in the world-class Lachlan Fold Belt in NSW. The high levels of zinc with the copper mineralisation at Havilah indicate the potential proximity to a large copper-gold mineralised porphyry-sulphide system, similar to major deposits in the Lachlan Fold Belt such as the Cadia-Ridgeway Project. Subject to further results from drilling and soil sampling programs, we are planning to launch a new drilling program to test this exciting discovery of widespread, copper-zinc, silver, and gold-bearing sulphide mineralisation.

Summary of Golden Deeps (ASX:GED) announcement

The assay results from diamond drillholes HVD001 and HVD003 at the Havilah Project have revealed significant copper and zinc bearing sulphide mineralisation, along with zones of silver and gold mineralisation. The company plans to launch a new drilling program to further test this discovery. The extensive soil sampling programs and infill sampling of the Milfor copper anomaly are ongoing, with further drilling planned following receipt of additional results. The mineralisation at Havilah is associated with a porphyry system, and the company aims to become a producer of critical and precious metals, such as copper, zinc, silver, gold, and vanadium.