Morning trading June 16, page-6

  1. 27,932 Posts.
    lightbulb Created with Sketch. 106
    GRE announcement - Copper results



    Assay results have been received from 22 of the 25 holes drilled recently at
    Whundo

    Broad, mineralised zones with variable high-grade intercepts reports to 5
    of the drill holes assayed to date, with exceptional results including:

    - 32m @ 2.43% Cu from 75m, including 17m @ 4.37% Cu and 0.46% Zn from 90m,
    including 7m @ 7.83% Cu, 0.64% Zn and 0.26g/t Au from 95m in RC0051
    - 62m @ 1.12% Cu, 1.36% Zn and 0.36g/t Au, including 19m @ 1.6% Cu, 2.27% Zn
    and 0.51g/t Au from 21m in RC0071
    - 45m @ 1.15% Cu and 2.6% Zn from 23m, including 12m @ 9.17% Zn, 2.34% Cu
    and 0.62g/t Au from 52m in hole 22GTRC0081
    - 8m @ 2.65% Cu, 0.64% Zn and 0.11g/t Au from 141m in hole 22GTRC017
    - 10m @ 2.85% Cu and 0.96% Zn from 162m in hole 22GTRC023

    Drilling confirms that the high-grade copper and zinc mineralisation at
    Whundo persists down plunge and beyond the current resource envelope.

    Reported gold grades of up to 3.34g/t accompany the higher-grade
    copper zones and provide a valuable credit to Whundo ore

    Deeper intersections of Cu-Zn mineralisation increase potential for
    resource expansion

    Complete results from the recent 4,974m RC drill program at Whundo and
    Ayshia will be incorporated into the existing combined Whundo/Ayshia
    JORC 2012 compliant Indicated and Inferred Mineral Resources of 3.6Mt @
    1.2% Cu and 1.4% Zn3

    Assay results for three holes drilled at Whundo, and seven holes drilled at
    the nearby Ayshia deposit expected in the coming weeks

    Historic diamond drill hole SHDD0162 which tested a deep conductor
    anomaly similar to Whundo reports 5.8m @ 2.4% Cu, 0.6% Zn and 7.6g/t Ag
    from 391.25m adds to the Whundo cluster of VMS deposits and further
    demonstrates the prospectivity of the Whundo trend to host VMS style
    copper-zinc deposits
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.