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Monty Massive Copper Sulphides

June 2015

Spectacular intersections, including 16.5 m of high tenor copper grading 18.9% Cu and 2.1 g/t Au at Sandfire Resources Ltd Monty prospect (a Sandfire 70% / 30% Talisman JV), have ignited an otherwise dull market for base metal explorers. The discoveries, on the opposite side of the Bryah Basin to their world-class DeGrussa Copper Mine,  are a testament to the integrated approach of the Doolgunna exploration team, led by Ian O’Grady and including Newexco’s geophysicist Nicholas Ebner.

The discoveries reward a commitment to scientific rigour and a methodical approach to exploration: collecting the highest quality Electromagnetic data and interpretative skill. Further intersections have confirmed the discovery as a significant new VMS deposit and validate Sandfire and Newexco’s innovation and exploration strategy and adds to the impressive list of discoveries Newexco has been involved with.

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