AUSQUEST STARTS 3,000M DRILLING PROGRAM AT PARCOY

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The two priority targets at Parcoy

AusQuest Limited (ASX: AQD) started a 3,000m Reverse Circulation (RC) maiden drilling program at the Parcoy Copper Project. The program consists of eight drill-holes focused on two targets and is expected to run until June 2021.

Parcoy is a joint venture between AusQuest and a wholly-owned subsidiary of South32 Limited.

Also, at AusQuest’s Cerro de Fierro Copper Prospect – 50km Southeast of Parcoy – a recent 15-hole, 5,000m RC drilling program confirmed a shallow copper oxide layer at five drill sites, and believed to extend across 1.5km2. Several holes indicated nearby porphyry potential, and the best results included 28m @ 0.57% Cu and 9g/t Ag.

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