{"id":8571,"date":"2024-05-15T09:42:13","date_gmt":"2024-05-14T23:42:13","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8571"},"modified":"2024-05-20T09:43:31","modified_gmt":"2024-05-19T23:43:31","slug":"8571","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2024\/05\/15\/8571\/","title":{"rendered":"First Quantum uncovers copper at Honeymoon"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/b5e08ee8debb849ef78b8c99b82ea005?s=100&amp;d=mm&amp;r=g 2x\" height=\"50\" width=\"50\" src=\"https:\/\/secure.gravatar.com\/avatar\/b5e08ee8debb849ef78b8c99b82ea005?s=50&amp;d=mm&amp;r=g\" alt=\"\"><a href=\"https:\/\/www.australianmining.com.au\/author\/oliviathomson\/\">OLIVIA THOMSON<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.australianmining.com.au\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-17-at-9.34.53-am.png\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The Honeymoon uranium project. Image: Boss Energy<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A drilling program carried out by First Quantum Minerals at Boss Energy\u2019s Honeymoon uranium project in South Australia has intersected copper and gold mineralisation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The mineralisation was uncovered below the Yarramba Palaeovalley along the Honeymoon tenements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Three holes at the Atlas target, 4km east of Honeymoon, were drilled as part of the campaign, totalling 1029.5m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recent assays from Atlas include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>23CURDD002: 16m at 0.27 per cent copper (Cu) and 0.1 grams per tonne (g\/t) gold (Au) from 288m<\/li>\n\n\n\n<li>23CURDD006: 47m at 0.19 per cent Cu from 404m, with several narrower zones of 5\u20136m containing up to 0.5 per cent Cu and 0.12g\/t Au.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe intercepts are proof of process; evidence for movement and precipitation of copper (~gold\/~zinc) within the Bimba Formation in the target area,\u201d Boss Energy&nbsp;<a href=\"https:\/\/s2.listcorp.com\/asx\/boe\/boss-energy-limited\/news\/maiden-copper-exploration-program-intersects-mineralisation-3031904.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Two holes equalling 701.6m were also drilled at the Pandora target, located 8km south of Honeymoon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOne hole intersected an interval of stratiform low grade zinc-bearing stratigraphy, inferred to be the upper portion of the Bimba Formation,\u201d Boss Energy said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis zone potentially lies outboard of a lower copper (~gold) zone, at the currently untested base of the Bimba Formation.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One deep hole totalling 742.3m was also drilled at the Yarramba dome target, located 15km north of Honeymoon. However, no appreciable mineralisation was intersected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The recent drilling carried out by First Quantum Minerals follows a maiden diamond drilling program&nbsp;<a href=\"https:\/\/www.australianmining.com.au\/first-quantum-minerals-honeymoon-continues\/\" target=\"_blank\" rel=\"noreferrer noopener\">carried out<\/a>&nbsp;by the company along the Yarramba Palaeovalley in October 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Boss Energy first&nbsp;entered&nbsp;into an exploration earn-in agreement with First Quantum Minerals in February 2022. The agreement covers the base metals rights of five tenements at the Honeymoon project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith a proven track record in discovering and developing deposits, Boss considers First Quantum Minerals an ideal partner in the exploration and potential development of any base or precious metal discoveries at Honeymoon,\u201d Boss Energy&nbsp;<a href=\"https:\/\/s2.listcorp.com\/asx\/boe\/boss-energy-limited\/news\/global-miner-to-fund-base-metals-exploration-at-honeymoon-2667832.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a>&nbsp;of the agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After the drilling program\u2019s completion, First Quantum Minerals may choose to earn a 51 per cent interest in its agreement with Boss Energy by spending $6 million on exploration within five years, as well as maintaining minimum annual expenditure on the project of $500,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If First Quantum follows this path, it will enter into a joint venture (JV) agreement with Boss Energy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Subscribe to&nbsp;<a href=\"https:\/\/www.australianmining.com.au\/newsletter\" target=\"_blank\" rel=\"noreferrer noopener\">Australian Mining<\/a>&nbsp;and receive the latest news on product announcements, industry developments, commodities and more.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OLIVIA THOMSON The Honeymoon uranium project. Image: Boss Energy A drilling program carried out by First Quantum Minerals at Boss Energy\u2019s Honeymoon uranium project in South Australia has intersected copper and gold mineralisation. The mineralisation was uncovered below the Yarramba Palaeovalley along the Honeymoon tenements. Three holes at the Atlas target, 4km east of Honeymoon, &hellip; <a href=\"https:\/\/yinghuiinternational.com\/index.php\/2024\/05\/15\/8571\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First Quantum uncovers copper at Honeymoon&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,6,7],"tags":[],"class_list":["post-8571","post","type-post","status-publish","format-standard","hentry","category-clients","category-mines-and-quarry","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/s83F9T-8571","jetpack-related-posts":[{"id":8476,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/10\/17\/first-quantum-minerals-honeymoon-continues\/","url_meta":{"origin":8571,"position":0},"title":"First Quantum Minerals\u2019 Honeymoon continues","author":"yinghui","date":"October 17, 2023","format":false,"excerpt":"OLIVIA THOMSON Canadian-based First Quantum Minerals has commenced a maiden diamond drilling program along the Yarramba Palaeovalley on the tenements of Boss Energy\u2019s Honeymoon uranium project in South Australia. Boss Energy first\u00a0entered\u00a0into an exploration earn-in agreement with First Quantum Minerals in February 2022. The agreement covers the base metals rights\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"Boss Energy Honeymoon uranium project.","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2019\/09\/Honeymoon-DJI_0050-1200w-e1569467720878-1024x476.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2019\/09\/Honeymoon-DJI_0050-1200w-e1569467720878-1024x476.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2019\/09\/Honeymoon-DJI_0050-1200w-e1569467720878-1024x476.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2019\/09\/Honeymoon-DJI_0050-1200w-e1569467720878-1024x476.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8916,"url":"https:\/\/yinghuiinternational.com\/index.php\/2025\/02\/21\/olympic-dam-the-worlds-largest-uranium-deposit\/","url_meta":{"origin":8571,"position":1},"title":"Olympic Dam: The world\u2019s largest uranium deposit","author":"yinghui","date":"February 21, 2025","format":false,"excerpt":"Tom Parker Image: RHJ\/adobe.stock.com While the likes of Kazakhstan, Canada and Namibia are known for being dominant uranium producers, Australia lays claim to the world\u2019s largest uranium deposit. Olympic Dam, which is seemingly one of the most geologically and mineralogically diverse mines globally, holds more than two million tonnes of\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1676,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/07\/21\/bhp-records-production-declines-as-it-continues-streamlining\/","url_meta":{"origin":8571,"position":2},"title":"BHP records production declines as it continues \u2018streamlining\u2019","author":"yinghui","date":"July 21, 2016","format":false,"excerpt":"BHP has recorded a drop in first half production levels across the board. The global miner saw year on year falls in production for petroleum, copper, iron ore, and thermal coal, although it has recorded a slight uptick in coking coal. On the back of its latest results, BHP CEO\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"bhp_3.jpg","src":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2016\/04\/06052752\/bhp_3.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":8803,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/08\/10\/evolution-gold-miner\/","url_meta":{"origin":8571,"position":3},"title":"Evolution Gold Miner","author":"yinghui","date":"August 10, 2024","format":false,"excerpt":"Gold prices will \u2018be higher in 2025\u2019: Evolution Olivia Thomson Image: Phawat\/stock.adobe.com Amid the Australian gold price\u00a0reaching\u00a0$3680 per ounce on August 5, Evolution Mining executive chair Jake Klein predicted that the price will continue to soar. \u201cSince we emerged from the fog of COVID-19 in 2022 and the associated travel\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2024\/08\/evolution-gold-miner.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2024\/08\/evolution-gold-miner.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2024\/08\/evolution-gold-miner.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2024\/08\/evolution-gold-miner.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/yinghuiinternational.com\/wp-content\/uploads\/2024\/08\/evolution-gold-miner.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":8536,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/02\/27\/significant-high-copper-grades-unlocked-at-oak-dam\/","url_meta":{"origin":8571,"position":4},"title":"Significant high copper grades unlocked at Oak Dam","author":"yinghui","date":"February 27, 2024","format":false,"excerpt":"OLIVIA THOMSON Image: Phawat\/stock.adobe.com An exploration program undertaken by BHP at its Oak Dam copper deposit has identified high-grades of copper deep beneath the Olympic Dam ore body, with some grades equalling more than two per cent. The Oak Dam deposit is located 65km south-east of the Olympic Dam mine\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"true north copper","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":848,"url":"https:\/\/yinghuiinternational.com\/index.php\/2015\/02\/27\/rio-tinto-reveals-plans-to-simplify-company\/","url_meta":{"origin":8571,"position":5},"title":"Rio Tinto reveals plans to \u2018simplify\u2019 company","author":"yinghui","date":"February 27, 2015","format":false,"excerpt":"Rio Tinto plans to condense its assets into four product groups as part of a major restructure in an effort to rein in costs. The corporate restructure will see its various assets now operate under: Aluminium, Copper and Coal, Diamonds and Minerals, and Iron Ore. As part of the changes,\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=8571"}],"version-history":[{"count":2,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8571\/revisions"}],"predecessor-version":[{"id":8573,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8571\/revisions\/8573"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=8571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=8571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=8571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}