Overland gets first JORC estimate for Andrew deposit
10:15, Thursday, 15 March 2007
Sydney - Thursday - March 15: (RWE Aust Business News) - Overland
Resources (ASX:OVR) has the first JORC compliant resource estimate for
the Andrew zinc deposit in Canada.
Overland has an option to buy 90 per cent interest in the
project.
The resource is 5.92 million tonnes at 5.84 per cent zinc, 2.03pc
lead, 9.49 grams per tonne silver and 14.86g/t germanium.
The indicated resource tonnage is 702,422 at 7.09pc zinc, 1.01pc
lead, 5.61g/t silver and 22.21g/t germanium.
Mineralisation is high grade, of substantial thickness and is
open along strike and at depth.
It provides the company with an exceptional opportunity to
develop an open pit operation.
Only 500 metres has been sufficiently teted with drilling and
with more than 2,000m of strike targets have been delineated and drill
testing will start in May or June 2007.
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- jorc ann. 5.9mt at 5.8pc zinc
jorc ann. 5.9mt at 5.8pc zinc, page-15
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