Assay news and more drilling coming up with massive sulphide drill targets :))
• Zinc Co Australia Limited listed on 29 May 2007, $7 million oversubscribed • RC drilling completed at Conquistador in July 2007; visible zinc mineralisation identified in drill chips in two holes up to 140 metres from previous drilling. Assay results awaited.
• A ground electromagnetic ("EM") survey is planned at Conquistador to define massive sulphide drill targets.
• A contract was let for an aeromagnetic survey in August at Earaheedy to define structural controls on zinc mineralisation.
• Government clearance was received for drilling at Earaheedy.
ZNC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
