Inflection Resources Ltd. has completed 92 air core drill holes totalling 16,434 metres at the Trangie Project in New South Wales, with six holes remaining in the program.

The drilling is being advanced under an exploration agreement with AngloGold Ashanti Australia Limited. The program focuses on areas near previous results, including 54.37 metres grading 0.37 g/t gold and 0.07% copper from 194.63 metres in hole TRNDH023 and 3.0 metres grading 7.72 g/t gold from 190.00 metres in hole TRNDH032.

The holes intersected an average of about 15 metres and a maximum of 38 metres of prospective Ordovician basement beneath younger cover. Logging identified quartz-veined volcanic rocks with higher-temperature biotite and skarn-like epidote-actinolite-magnetite alteration, alongside altered monzodiorite intrusions. Disseminated pyrite with chalcopyrite and native copper prompted companies to expand the program beyond the 83 originally planned holes.

Assay results are pending and will be combined with geological observations to map geochemical trends and prioritise locations for deeper diamond drilling.

At the 100%-owned Endurance Project in the Northern Territory, Inflection completed 474 gravity measurements covering 180 square kilometres across Bigeye and Barreleye targets. A 32 line-kilometre induced polarisation and magnetotelluric survey is underway, supported by an AUD$80,000 Northern Territory Government grant. Datasets will be integrated with existing data to build a three-dimensional model for drill targeting.

“We are encouraged by the broad, systematic coverage achieved through 92 air core holes at Trangie,” stated Alistair Waddell, President and CEO. “Logged monzodiorite intrusions, quartz veining, higher-temperature biotite alteration and locally observed copper minerals are consistent with hydrothermal activity and considered encouraging, reflecting characteristics commonly associated with copper-gold mineral systems. Pending assay results are expected to help define the geochemical footprint and prioritise targets for deeper drilling. At the Endurance Project, completing the gravity program and commencing the IP-MT survey are important steps in evaluating the Bigeye and Barreleye targets beneath cover. Integrating these datasets with the existing geophysical data is expected to improve our understanding of the mineral system and help identify the highest-priority targets for drill testing.”

Read the full announcement: Inflection Completes 92 Drill Holes at Trangie; Gravity Survey Completed and IP-MT Survey Underway at Endurance