Mining

Ironbark Zinc completes geophysical targeting for Anderson Copper Project

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Ironbark Zinc (ASX:IBG) has completed a geophysical targeting exercise for its Anderson Copper Project in Mt Isa, Queensland.

The initiative, in partnership with Perth-based Resource Potentials, marks a significant development in Ironbark's ongoing exploration efforts since acquiring the project earlier this year.

The review, which utilised datasets including gravity, electromagnetic, and radiometric data along with magnetic and gravity inversion models, has identified several new prospective targets.

The findings will guide the next stage of exploration scheduled later this year, aimed at identifying drill targets for a 2025 field campaign.

"This work continues the methodical approach we’ve taken to exploring our Mt Isa Copper Projects since acquiring them earlier in 2024. Building on our initial reconnaissance trip in July of this year, we have now reviewed all the known Geophysical data and identified a pipeline of new targets to focus on," commented Michael Jardine, Managing Director of Ironbark Zinc.

Highlighting the Carter's Ridge prospect within the Anderson Project, the exercise uncovered historical drilling data not previously reported.

Intercepts include 2m at 0.75% Cu from 130m and 2m at 0.54% Cu from 380m, suggesting potential for further valuable discoveries.

Ironbark's strategic approach and utilisation of advanced geophysical techniques underscore its commitment to unlocking the mineral potential of the Mt Isa region.

At the time of reporting, Ironbark Zinc’s share price was $0.003.

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