Inflection Resources – Updates on Duck Creek Project with Exploration Partner AngloGold Earning In
Alistair Waddell, President and CEO of Inflection Resources (CSE:AUCU – OTCQB: AUCUF) joins us to recap yesterday’s news (October 3rd) reporting drill results from the phase two exploration program at the Duck Creek project, in partnership with AngloGold. Alistair discusses the Company’s exploration strategy focused in Eastern Australia, particularly the northern extension of the Macquarie Arc, which is largely unexplored and hidden under sedimentary cover. Despite the challenges of drilling these large undercover targets, new geophysical surveys and technology like ambient noise tomography are being employed to hone in on potential copper and gold porphyry systems.
Recent drill results indicate promising pathfinder elements such as arsenic, suggesting proximity to porphyry systems. Alistair also shares insights into the partnership with AngloGold, which includes a substantial multi-phase funding agreement allowing for continued exploration without financial contribution from Inflection.