BML 4.17% 10.0¢ boab metals limited

Ann: Assays Confirm Impressive Grades at Beta, page-5

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    Phase VI Assay Results Confirm Impressive Grades
    Boab Metals Limited (ASX: BML) (“Boab” or the “Company” is pleased to announce the receipt of the first lot of assay results from its Phase VI drilling program at its 75% owned Sorby Hills Lead-Silver-Zinc Project (“Sorby Hills”, or the “Project” located in the Kimberley Region of Western Australia.
    HIGHLIGHTS
    • Encouraging drilling results from the Beta Deposit confirm the current mineralisation model and open the prospect for mineralisation extensions.
    • Positive drilling results include:
    • SHRC_157 (Beta): 7m @ 16.23% Pb & 82g/t Ag from 72m
    o Incl. 3m @ 35.26% Pb & 174g/t Ag from 72m
    • SHRC_136 (Beta): 20m @ 5.58% Pb & 52g/t Ag from 65m
    o Incl. 8m @ 6.93 %Pb & 90g/t Ag from 57m
    • SHRC_143 (Norton N): 13m @ 2.82% Pb & 35g/t Ag from 95m
    o Incl. 5m @ 3.91% Pb & 41g/t Ag from 95m
    • Further assay results from phase VI drilling expected early in the New Year.
    Boab Managing Director and CEO Simon Noon stated:
    “The Phase IV drilling program was designed to enhance value within the later stages of the current Sorby Hills mine plan. The program has been completed and the results to date are very encouraging.
    We look forward to providing updates from the remaining samples.”
 
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