AUSTRALIAN copper explorer Redbank Copper has reported it has discovered more high grade copper at its Redbank Copper Mine in the Northern Territory.
The company announced initial results from one of the five drill holes of its current exploration program at the Punchbowl target at Redbank produced high grade copper intersections.
The results included 31m at 2.5% copper from 182m including 10m @ 4.4% copper from 202m.
The company said this was an improvement on drilling results achieved from Punchbowl in 2006.
Redbank is located in the Northern Territory McArthur River Basin, some 30km from the Queensland border and 70km south of the Gulf of Carpentaria.
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