A strategic diamond core drilling program will commence on Thursday on the eastern strike extensions of the Upper Zone - Swit Kia Prospect (subsequent to the movement of the Company's onsite CSD500 drill rig to Pad 1).
The initial target to be drilled is a 2.0m wide interval that graded 195.0 g/t gold (77-degree south dip) in jackhammer trench sampling (refer to Announcement 29th January 2016 – Technical Report) and then at the Lower Zone (approximately 50m stratigraphically lower) with a 3.0m wide zone that graded 45.2 g/t gold (50-degree south dip). The very high-grade zones are located in intrusives proximal to the host siltstone contact and will therefore need to be tested from different drill pads.
This program was started last Thursday...
Then these historic grades at Tingi Valley
Strong gold in soil anomalies (including 90m of 2.14 g/t gold to a high of 6.09 g/t gold), plus strong leadzinc ridge soil anomalies (including 390m of 0.17% lead + 0.33% zinc) on the northern half of the main target, reflecting stratabound base metal skarn mineralisation along the base of the Darai Limestone. The tropical setting may have leached copper from the surficial soils and rocks and provide low copper assay results.
and from the quarterly:
UZ Trench 1 had 5 zones for a cumulative total of 7m with >100 g/t gold. Trench 7 was slightly oblique to strike and it further defined the high grade zone, with 10.0m grading 89.8 g/t gold (including 1.0m of 283.5 g/t), plus 3m of 69.2 g/t gold at its western end
o A 250m x 200m soil–rock‐chip anomaly (>300 ppm copper and >0.1 g/t gold) was delineated coincident with phyllic‐altered diorite.
o Gold assays from float rock include 30 g/t gold, 12 g/t gold and 4.9 g/t gold.
o Outcrop rock grab samples include 1.1g/t gold + 0.26% copper + 0.29% lead + 8.8% zin), 3.72g/t gold + 1.55% zinc + 0.53 g/t lead.
o Pyrite altered quartzite wall rocks had assays to 0.97 g/t gold + 58 g/t silver + 0.24% copper, that probably represents low sulphidation epithermal quartz‐sulphide gold + copper mineralisation that formed marginal to the porphyry copper‐gold intrusions.
o Channel sampling along strike of Jerry’s skarn (6m thick x 30m long + an additional 50m in gossan outcrop to the southwest) returned an average for 20 non‐continuous outcrop channel samples of 1.18g/t gold. A
total of 15 x 2m channel samples were taken with best results of 2m continuous chip sampling showing 28m of 0.78 g/t gold including 2m of 4.36g/t gold and 2m of 2.58g/t gold.
o 10m of polymetallic massive sulphide assayed 3.3 g/t gold + 0.12% copper + 0.8% lead+ 1.9% zinc, within potassically and phyllicly altered diorite, representing a feeder for the base metal skarn mineralisation.
o A 24m wide zone of copper averaged 0.085% copper within andesite porphyry, with up to 10% pyrite and minor chalcocite.
oA 3m channel sample of brecciated massive sulphide magnetite skarn at the andesite porphyry / Darai Limestone contact assayed 1.17 g/t gold + 33 g/t silver + 0.16% copper + 1.80% lead + 3.50% zinc.
All for 1.5m with approx. 300k worth of bond and some cash...
Cheers
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