The high-grade copper find started from a 120m depth and included 36.1gpt silver.

The high-grade gold intercept was made at a depth of 42m in the same hole and was also part of a wider 16m intersection that graded 0.58gpt gold and 5.7gpt silver.

With five holes drilled so far in the Irak prospect of its Bismarck project, Quintessential managing director Paige McNeil said they all demonstrated strong copper, silver or gold intercepts.

"The Irak region has shown its potential with every hole drilled and warrants additional exploration," she said.