Highlights:
- Horseshoe Range IP Survey reveals 21 co-incident chargeable/resistive anomalies and highly prospective sub-surface structural features;
- These features likely to be resistive quartz veins with associated chargeable sulphides, conducive geology for hosting high grade gold mineralisation;
- Follow up dipole-dipole IP survey work scheduled to define depth of anomalies;
- Field sampling and mapping currently underway over identified outcropping; and
- Drill program scheduled to commence mid-October.
Naracoota Resources Limited (“Naracoota” or “the Company”) (ASX:NRR) is pleased to advise the first pass gradient array Induced Polarisation (“IP”)-Resistivity survey at its Horseshoe Range project (Figure 4) in the premier gold district of Peak Hill has been completed and the data collated and interpreted by geophysical consulting firm, Vector Research Pty Ltd.
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