Seems like some excellent results to me, looking so likely now to be funded post resource update.
Sorby Hills Phase IV Drilling Results Update
HIGHLIGHTS
• The Phase IV drilling program concluded with a total of 58 diamond and rotary/diamond drill
holes completed for a total meterage of 4,803m during November 2020.
• Several shallow-depth extensions of mineralisation reported from the Omega deposit
have been confirmed by assay results.
• The latest drill results are expected to allow several historic intercepts to be modelled
confidently into the next Mineral Resource Estimate.
• Further drill hole assay results due in coming weeks.
Boab Metals Limited (ASX: BML) (“Boab” or the “Company” is pleased to report positive additional
results received for core samples submitted from the Phase IV 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.
Apart from metallurgical and geotechnical objectives the program also targeted the growth of the
resource base through the extension and addition of brown-field drill holes to the program. Results
for some brown-field drill holes have been received and are expected to have positive impacts on the
Resource base of the project as well as the overall future pit design. Significant assay results as part
of the latest assay batch from the brown-field drill holes include:
o SHDD043: 11m at 7.4% Pb and 29g/t Ag from 35m
o SHDD039: 21m at 3.4% Pb and 15 g/t Ag from 31m
o SHDD024: 17m at 7.5% Pb and 157g/t Ag from 72m
Boab Managing Director Simon Noon stated: “Once again diamond drilling at Sorby Hills has
delivered excellent results. With Assays now confirming significant extensions of mineralisation
immediately adjacent to our PFS open pit designs, we expect to see positive changes to the mining
inventory in the definitive feasibility study. We look forward to providing the further results of assays
over the coming weeks ahead of possible updating the Sorby Hills Mineral Resource.”
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