Large mineralised system confirmed by initial Lewis Ponds drill results
Drill results confirm a large mineralised system commensurate with a potentially substantial open pit bulk tonnage zinc-gold-silver operation
• Extensive zones of zinc, gold, silver, and lead mineralisation have been intercepted by the first two drill holes at Lewis Ponds.
• The broad mineralised intercepts are typical of the major deposits of the region, indicating the potential for a bulk-tonnage mining operation at Lewis Ponds.
• Intercepts from hole ALD0001 are: o 51.37m at 2.45 % Zn equiv.1 or 1.48 g/t Au equiv.2 (1.28 % Zn, 0.18 g/t Au, 22.0 g/t Ag, 0.51 % Pb, and 0.11 % Cu) from 41.6m o 20.91m at 2.74 % Zn equiv. or 1.63 g/t Au equiv. (1.39 % Zn, 0.17 g/t Au, 32.7 g/t Ag, 0.56 % Pb, and 0.10 % Cu) from 110.76m
• Intercept from hole ALD0002 is: o 16.40m at 8.53 % Zn equiv. or 5.07 g/t Au equiv. (4.73 % Zn, 0.86 g/t Au, 75.9 g/t Ag, 1.44 % Pb, and 0.19 % Cu) from 43.60m
• Results pending for holes ALD0003 and ALD0004
• Samples collected from the drilling to be used for metallurgical testwork for pre-feasibililty study
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