Ironbark Zinc Limited (ASX:IBG) has completed a geophysical targeting exercise on its Anderson Copper Project at Mt Isa, Queensland. The exercise, assisted by Perth based Resource Potentials (ResPot), has validated the company's acquisition by identifying multiple new prospective targets. This will inform the next stage of exploration later this year aimed at identifying drill targets for a 2025 field campaign.
Ironbark's Managing Director, Michael Jardine, stated, 'This work continues the methodical approach we've taken to exploring our Mt Isa Copper Projects since acquiring them earlier in 2024. Building on our initial reconnaissance trip in July of this year, we have now reviewed all the known Geophysical data and identified a pipeline of new targets to focus on. It is likely that the next phase of exploration will involve further Geophysical investigation, possibly an IP survey, aimed at further delineating drill targets for 2025. The acquisition of the Simon-Anderson Projects was an early piece in the Company's ongoing turnaround and we continue to believe they offer a low cost entry point to the copper market in an excellent neighbourhood.'
Ironbark Zinc's completion of the geophysical targeting exercise on the Anderson Copper Project has led to the identification of multiple new prospective targets. The review, assisted by Resource Potentials, included various regional and project-specific datasets, informing the next stage of exploration aimed at identifying drill targets for a 2025 field campaign. The company's Managing Director, Michael Jardine, highlighted the methodical approach taken and the potential for further geophysical investigation to delineate drill targets. Ironbark's ongoing turnaround and belief in the low-cost entry point to the copper market indicate a positive outlook for the company's Mt Isa Copper Projects.