From Jan 30 Quarterly Lawn Hill Project: Zinc-Lead-Silver,...

From Jan 30 Quarterly
Lawn Hill Project: Zinc-Lead-Silver, Copper Red Metal’s first two drill holes targeting two large stratigraphic electromagnetic conductors C1 and C2 (Figure 3) have intersected thick sequences of heavily carbonaceous and pyritic mudstone belonging to the zinc prospective Riversleigh Siltstone that explain the anomalies. Drill hole LH-17-01 on Conductor 1 (C1) intersected a flat lying, highly carbonaceous and pyritic mudstone horizon from 96 metres to 249.45 metres before passing into sandy clastic sequences (Figures 3 to 5). Unusual intra-formational breccia (Figure 4) and abundant soft sediment deformation textures within the mudstone suggest faulting and deformation were active during and shortly after its deposition. Drill hole LH-17-02 on Conductor 2 (C2) also intersected a highly carbonaceous and pyritic mudstone horizon from 87.95 metres to 297.75 metres before passing into sandy clastic sequences (Figures 3 to 5). Bedding dips gently towards the northwest (Figure 5). Assays from regular spaced samplings down each drill hole returned low levels of zinc, lead and silver mineralisation.