Altitude Minerals (ASX:ATT) said that drilling at the T55 target at the Byrock project in New South Wales confirmed the presence of a porphyry intrusive system below cover, according to a Tuesday Australian bourse filing.
The alteration and rock type are consistent with the outer halo of a copper-gold porphyry system, it added.
It is planning follow-up drilling at the project and mulling infill gravity surveys to better define the intrusion's margins for improved drill targeting.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.