AIC Mines (ASX:A1M) said that follow-up drilling at the Matilda North discovery at its Jericho copper project in Queensland intersected copper mineralization in every drill hole, according to a Thursday Australian bourse filing.
The results included an intercept of 13 meters grading 6.35% copper and 1 gram per tonne grade of gold from 271 meters, the filing said.
Resource extension drilling between the Jumbuck and Squatter discoveries at the deposit also returned high-grade copper results, according to the filing.
The results will be included in an updated Jericho mineral resource estimate, planned for completion in March.