Buxton Resources' Centurion Project Yields High Silver Values, Multiple Deposit Potential
Buxton Resources Ltd (ASX: BUX) has revealed encouraging results from its Centurion Project in Western Australia, with silver values up to 4,570 ppb (4.57 g/t) from partial leach assays. The project is strategically located near historical mineral discoveries and significant geological structures.
The Centurion Project, situated at the intersection of the Lasseter's Shear Zone and a deep crustal keel, has shown promising characteristics. Partial leach analysis, a technique used to detect chemical dispersion, has yielded impressive silver values, averaging 77 times higher than average crustal abundance across a 3.9-metre intercept.
Buxton Resources' CEO, Martin Moloney, highlighted the potential for precious and base-metal deposits. The high silver levels suggest a nearby source within hundreds of metres. Additionally, the presence of anomalous tungsten, molybdenum, rhenium, copper, and zinc further indicates potential for multiple deposit types.
The company has intersected a magnetic unit at around 450 metres depth in a drill hole, yielding a small magnetic concentrate with 63 ppb gold. This evidence of mechanical dispersion adds to the project's promise.
Buxton Resources continues to evaluate the Centurion Project with ongoing petrological and micro-XRF analysis, heavy mineral separate analysis, and a planned magnetotelluric (MT) survey co-funded by the WA government. The strong pathfinder elements, strategic location, and methodical approach reduce exploration risk. The project's potential is further underscored by its proximity to historical discoveries and significant geological structures, offering significant upside potential for investors.
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