Paterson Resources Completes diamond drilling at Grace project
- Paterson Resources (PSL) observes potential of an underlying mineralised system at its Grace copper-gold project in Western Australia
- Five diamond drill holes were completed, with PSL observing several with mineralisation similar to that at Newcrest’s (NCM) nearby Telfer mine and Havieron deposit
- The company is also conducting a full review of the structural information as well as petrophysical analysis over the zones identified
- Assay results are expected within four to six weeks which will add value to the company’s next phase of exploration
- Shares have been trading 6.8 per cent lower at 4.1 cents at 2:18 pm AEDT
