Alice Queen opens higher on hitting further copper-gold mineralisation in diamond drilling at Boda East

Alice Queen opens higher on hitting further copper-gold mineralisation in diamond drilling at Boda East

Proactive Investors

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Alice Queen Ltd (ASX:AQX) has intersected further copper-gold in three diamond drill holes at Boda East within the Yarindury Project in the prolific Lachlan Fold Belt of central New South Wales.

Some elevated zones of copper were returned in hole 20BEDH010 that indicate the northern area remains open while large areas east and at depth also remain untested.

Notable results include 7 metres at 0.03 g/t gold and 0.28% copper from 561 metres, including 1-metre at 0.14 g/t and 1.03% from 566 metres.

Other holes returned 5 metres at 0.01 g/t and 0.19% from 185 as well as 3 metres at 0.01 g/t and 0.11% from 696 metres.

Buoyed by the results from an area that has created considerable interest, investors have responded positively with shares opening 8.33% higher to 1.3 cents.

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