S2 Resources (ASX:S2R) said that a combined tensor induced polarisation and magnetotelluric survey identified discrete anomalies at its Glenlogan porphyry copper-gold project in New South Wales, according to a Monday Australian bourse filing.
The firm can earn 70% to potentially 80% interest in the project from Legacy Minerals (ASX:LGM), in an agreement that comprises an earn-in and joint venture phase.
It said the next step is a detailed dipole-dipole induced polarisation survey to support the siting of a potential drill hole.
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