Encounter Resources reported copper mineralisation at its Jessica Copper Project in the Northern Territory, indicating untapped copper potential.

Initial assays from the Zeta target revealed copper sulphide-bearing veins and alteration signatures typical of iron oxide copper gold style mineralisation.

The discovery stemmed from two drill holes located 1.3km apart, detecting key IOCG indicators such as chalcopyrite and bornite within quartz-carbonate veins, accompanied by extensive red rock hematite alteration.

The company is currently assessing a deep-seeking MIMDAS geophysical survey, set for completion in mid-2024, aiming to identify additional mineralised zones and proceed with targeted drilling at Zeta.