A $0.20
Price delayed by at least
20 minutes

   

Siam Copper

Thailand - Siam Copper Project

 

Matsa considers Thailand to be a very favourable country for mining investment due to its high geological prospectivity, strong legal framework and rule of law, quality of internal infrastructure and well qualified local workforce.

 

Matsa has recently been granted 37 Special Prospecting leases (SPL’s) covering 570m2. The tenements are located in the NNW trending Loei-Ko Chang volcanic arc which also hosts the Phu Kam copper deposit (Pan Australia Mining) and the Chatree Gold Mine (Kingsgate Resources).

 

 

The Siam Copper Project was initially targeted on Thailand Department of Mineral Resources regional stream sediment database. Matsa Resources has completed further geological mapping, stream sediment sampling, soil sampling and rock chip sampling. This work, which is ongoing has identified up to 20 copper exploration targets of which 2 are the most advanced, Siam 1 and Siam 2.

 

 

At Siam 1 and 2 field mapping has identified visible coper mineralisation in an area of ploughed fields. Individual assays grade up to 3.9% Cu. Copper occurs mainly as blebby disseminated native copper, chalcocite (Cu2S) and as secondary mineral malachite and azurite.

 

 

Currently Matsa has ongoing stream sediment and soil sampling programs in place with a view to complete IP surveys and commence diamond drilling in the next quarter.

Siam Copper Project Stream Sediment Targets

 

Siam 1 Summary Geochemistry and Mapped Geology

 

Text Box: 1mm

Blebby native copper (Cu) occurs in the mafic host.  Plane polarised reflected light. Field of view –  3 mm.

 

Native Copper mineralisation in and altered andesitic lava.

 

Overlooking Siam1

 

Secondary copper mineralisation “azurite”

 

 

Prospecting outcrop in a stream bed at Siam1.

 



Related Articles:

- Proactive Investors-Matsa Resources chases next major nickel, copper discovery in Fraser Range

 


   Our Projects
        Lake Carey
        Symons Hill
         Siam Copper
        Killaloe
        Phaisali Base Metals

 

  Latest News

17 Mar 2017 Significant New Gold Assays from Aircore Lake Carey Gold Pro...
17 Mar 2017 Half Yearly Report December 2016
03 Mar 2017 Trial Mining Study Fortitude Gold Project Additional Informa...
23 Feb 2017 RIU Explorers Conference February 2017
22 Feb 2017 Trial Mining Study Fortitude Gold Project
   



 

© 2016 Matsa Resources Limited ABN 48 106 732 487       Home | Contact Us | Site Map | Privacy Policy