re: 7 missing drill hole results more to come lol mac12
I think your trying to tell them READ THE LAST PAGE IT HAS ALL 20 HOLES
here ill post it below:
ACCLAIM EXPLORATION N.L.
ABN 99 009 076 233
19th October 2006
Companies Announcements Office
Australian Stock Exchange Limited
20 Bridge Street
Sydney NSW 2000
Denny Dalton Project, South Africa – Preliminary Drilling Results
Acclaim Exploration (AEX) is pleased to announce preliminary results from the first phase of diamond drilling at the Denny Dalton Project. The results are extremely encouraging with evidence of the possible extensions to the Mozaan Contact Reef (MCR) which hosts the known gold and uranium mineralisation in the area. It is intended to test these possible extensions through further drilling.
PHASE ONE DRILLING HIGHLIGHTS:
Hole TSB06-12
1.0 metre @ 6.4g/t Au, 160ppm U3O8 (0.16 kg/t)
Including
0.2 metre @ 13.7g/t Au, 257ppm U3O8 (0.26 kg/t)
0.2 metre @ 9.5g/t Au, 73ppm U3O8
Hole TSB06-09
0.4 metre @ 2.7g/t Au, 470ppm U3O8 (0.47 kg/t)
Including
0.2 metre @ 5.0g/t Au, 771ppm U3O8 (0.77 kg/t)
The intention of the Phase One drilling was to not only confirm the mineralisation within and around the old mine area, but to also test further extensions of the MCR around the mine on farms Tusschenby 411 GU and Vlakhoek 847. As expected, values encountered in the MCR within the remnants of the historically mined area were lower than those intersected in the MCR extensions not previously drilled and mined.
A contract for the second phase drilling programme has been negotiated between AEX and the previous drilling contractor with the assistance of AEX’s South African geological consultants, CCIC. Drilling is anticipated to commence on about the 6th of November 2006.
AEX is currently awaiting confirmation of the status of prospecting permits (currently under application) on neighbouring farms to enable a further expansion of the planned drilling.
DRILL HOLE LOCATION PLAN
The Denny Dalton Project is situated at the southern most end of a major Precambrian basin in which deep erosion has stripped away the cover rocks and exposed the units of the Pongola Super Group. This Pongola basin is compatible in size with the Witwatersrand but about 300 million years older. The Pongola rocks are estimated to be 3.1–2.9 billion years compared with the Witwatersrand which spans 2.75 – 2.5 billion years. Mineralisation at Denny Dalton occurs as shoots of gold and uranium concentrations within conglomerate beds at the base of the Mozaan Group. These conglomeritic beds outcrop over a strike area of approximately 4km with the Mozaan Contact Reef (MCR) the principal economic horizon lying unconformably on the Insuzi Lava Formation. Previous stratigraphy above the MCR, have shown to have economic potential both for gold and uranium.
Fifteen holes were collared in and around the known (mineralised) mine area with 5 holes collared further out from the mine area to test for any extensions of the MCR (as mapped by Southern Sphere in the 1970’s). Four of these holes intersected visible pyrite mineralisation within a well developed conglomerate layer – a very likely extension of the MCR which was further supported by the assay results. Only holes TSB06-14, TSB06-16 and TSB06-18 returned grades indicating the possibility of a reef extension to the northwest and southeast, but all five holes (TSB06-13,TSB06-14, TSB06-16, TSB06-18 and TSB06-19) showed anomalous values over the reef horizons (HWR and MCR) confirming the presence of these reefs further out from the mine area. This alone is very encouraging and warrants investigation of this extension of the MCR.
With holes TSB06-19, TSB06-18, TSB06-16, TSB06-14 and TSB06-13 all intersecting MCR-like mineralisation it is likely that this may represent an extension to the reef. An extension to the size of the MCR is encouraging where higher grades may exist
The above picture is a core sample from the Mozaan Contact Reef from hole TSB06-12. Note the large well rounded pebbles and corse pyrite mineralisation (this hole returned the highest grades of Au from the drill programme).
The Au grades received from this first phase are encouraging with the highest intersection that of 13.7g/t Au over 20cm in hole TSB06-12, with 15 intersections in excess of 1g/t Au. Hole TSB06-16 intersected 4.26g/t Au over 0.50m which is arguably the single most important intersection from this drill program as it highlights the very signification potential of an extension to the MCR away from the historical mine area.
Holes TSB06-03, TSB06-08, TSB06-09, TSB06-12 and TSB06-15 intersected some of the most encouraging visible mineralisation. With TSB06-09 returning grades of up to 771g/t U3O8 over 20cm. These values are extremely encouraging and give this prospect great potential to yield further such mineralisation if an accurate understanding of the geology can be deduced (braided stream channel layout, flow direction etc).
Yours Sincerely
Neville Bassett
Company Secretary
The information in this report that relates to exploration, mineral resources or mineral reserves is based on information compiled by Mr Brian Thomas who is a member of the Australasian Institute of Mining and Metallurgy who has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Brian Thomas is the Principal of B D Thomas & Associates, a consultant to the company and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
SUMMARY OF REPORTED INTERSECTIONS
Hole No
Depth (m)
Width (m)
Au g/t
U3O8 g/t
06 - 01
21.97
22.17
0.20
0.05
111.0
33.02
33.22
0.20
0.05
140.0
06 - 02
23.90
24.10
0.20
1.61
62.0
06 - 03
23.08
23.28
0.20
0.03
139.0
23.28
23.49
0.21
0.04
115.0
23.49
23.69
0.20
0.07
265.0
23.69
23.88
0.19
0.07
175.0
23.88
24.09
0.21
0.03
81.0
24.09
24.29
0.20
0.03
101.0
25.50
25.70
0.20
0.07
192.0
38.90
39.11
0.21
1.15
189.0
39.11
39.31
0.20
2.02
58.0
06 - 05
7.11
7.31
0.20
0.96
26.0
06 - 06
9.80
10.00
0.20
0.00
186.0
06 - 08
13.58
13.78
0.20
0.03
232.0
13.78
13.98
0.20
0.03
128.0
27.99
28.19
0.20
1.70
96.0
06 - 09
25.87
26.06
0.19
0.34
168.0
26.06
26.26
0.20
5.04
771.0
06 - 12
20.14
20.34
0.20
3.60
156.0
20.34
20.54
0.20
3.85
77.0
20.54
20.74
0.20
13.70
257.0
20.74
20.95
0.21
1.35
233.0
20.95
21.15
0.20
9.50
73.0
21.15
21.36
0.21
0.51
44.0
06 - 14
25.76
25.96
0.20
0.04
111.0
25.96
26.16
0.20
0.02
30.0
26.16
26.36
0.20
0.03
84.0
26.36
26.56
0.20
0.05
140.0
26.56
26.75
0.19
0.09
137.0
26.75
26.94
0.19
0.03
73.0
26.94
27.16
0.22
0.03
58.0
27.16
27.36
0.20
0.02
41.0
27.36
27.55
0.19
0.04
39.0
27.55
27.76
0.21
0.04
67.0
06 - 15
2.26
2.46
0.20
1.67
23.0
2.46
2.66
0.20
0.18
29.0
2.66
2.86
0.20
2.52
58.0
2.86
3.07
0.21
2.62
36.0
3.07
3.26
0.19
1.75
32.0
06 - 16
60.68
61.18
0.50
4.26
45.0
06 - 18
31.74
31.94
0.20
0.00
103.0
45.58
45.78
0.20
0.11
149.0
45.78
45.98
0.20
0.02
198.0
06 - 19
64.02
64.22
0.20
0.51
52.0
Notes
1. Sampling based on 20cm intervals of half NQ core, drill recovery 100%
2. Analysis of gold by standard fire assay with a detection limit of 0.02g/t and for U3O8 by pressed pellet XRF finish with a detection limit of 10g/t per 50 gm sample was undertaken at SGS Lakefield Research Africa (Pty) Ltd, Johannesburg.
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