Hazelwood Resources Limited
(ASX:HAZ) says its first drilling at the Copper Gorge deposit in the East Pilbara has produced encouraging results, with assays confirming significant new copper mineralisation.
The mineral explorer says results have encouraged it to continue the search for copper-zinc-gold mineralisation at the site, and has taken steps to plan future exploration.
Managing Director Terry Butler says following some more geophysical surveys Hazelwood will drill additional targets in the area.
Copper Gorge is a 70/30 ownership split between Hazelwood and Atlas Iron Limited
(ASX:AGO).
Hazelwood Resources reported a $6.2 million loss in the 2012 financial year.
