S2 Resources Ltd (ASX:S2R) has completed the first diamond drill hole at its Glenlogan project in the Lachlan Fold Belt of New South Wales. The hole, reaching a depth of 1,354.7 metres, encountered a variety of igneous rocks with different compositions, suggesting a multi-phase long-lived intrusive system. The project is located in a highly endowed area, known for major gold/copper deposits, and S2 Resources is earning up to an 80% interest from Legacy Minerals (ASX:LGM).
The completion of the first diamond drill hole at the Glenlogan project marks a significant milestone for S2 Resources. The encountered variety of igneous rocks and alterations are promising indicators of a potential copper-gold porphyry target. The project's location within the highly prospective Lachlan Fold Belt further enhances its exploration potential. We are looking forward to the results of the multi-element assay, petrography, and spectral analysis, which will provide valuable insights into the lithologies and alteration, aiding in the assessment of the project's potential.
S2 Resources' completion of the first diamond drill hole at the Glenlogan project signifies progress in its exploration efforts. The encountered igneous rocks and alterations suggest the presence of a multi-phase long-lived intrusive system, potentially indicative of a copper-gold porphyry target. The project's location in the highly prospective Lachlan Fold Belt, known for major gold/copper deposits, adds to its significance. The upcoming multi-element assay and petrography results will be crucial in characterizing the lithologies and alterations, providing valuable insights for the project's future exploration and development. S2 Resources' strategic partnership with Legacy Minerals demonstrates its commitment to advancing the Glenlogan project and tapping into the region's mineral potential.