KDR 0.00% $1.90 kidman resources limited

Ann: 14.7% Zn in step out hole at Browns Reef, page-2

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  1. 13,783 Posts.
    14.7% Zn in step out hole at Browns Reef

    The first massive sulphides at Browns Reef have been intersected in drill hole BRD013 which stepped out 650m north of previous drill hole BRD012. 
    Strike extent now at 2.5km and still open 
    Results include;  8.4m @ 4.7% Zn, 1.93% Pb, 0.44% Cu, 18.7g/t Ag, 0.5g/t Au from 299.8m within a larger 20m wide interval of mineralisation. 
    Including 0.7m @ 14.7% Zn, 4.51% Pb, 0.17% Cu, 40.4 g/t Ag and 0.87 g/t Au from 303.5m  Evaluation underway and ahead of schedule for maiden resource in southern zone at Browns Reef.

    Kidman Resources Ltd (“Kidman” or “the company”) is pleased to release assays results for drill hole BRD013 which extends the mineralisation at Browns Reef a further 650m north but importantly has intercepted the first massive sulphide zone. This drill hole is 1.2km north of the Southern Zone and has focussed the company’s attention to this underexplored northern area. At present only two drill holes have tested the primary zone over a 1.2km long corridor in this northern part of the project. Commenting on the results, Managing Director, Martin Donohue said; “It is exciting to see the first massive sulphide zone at Browns Reef. As there are no other drill holes in the primary zone within 650m of BRD013 this gives our technical team strong encouragement in our pursuit of a high grade zone within the large Browns Reef system. Furthermore, the gravity anomaly that led us to this area is only constrained by the limits of the previous gravity survey. This provides further encouragement that as we work further north the mineralised zone may continue and extend beyond the current limits. Our recently completed structural model has also highlighted a similar sized target around 6km long running parallel to the west which has not had any drill testing to date. When you consider that several ore bodies currently being mined in the Cobar basin have strike extents of 400-600m it highlights the potential that exists at Browns Reef.”
 
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