Very Positive Announcement. Extension of the Toggenburg drilling to the east expands the footprint considerably. At this early stage; looks sizeable, fingers all crossed that the surficial footprint is representable of something buried beneath.
Of note is that the Toggenburg footprint is getting very close to the South Ridge Prospect (on the other side of the Tsumeb-Grootfontein Highway. Could South Ridge be an extension of Toggenburg to the East? One can only hope...
For those that don't remember South Ridge, it was the Zinc/Lead Prospect Sabre pursued prior to Acquiring the Kombat Lease.'
From Sabre Announcements Jan 2012:
SOUTH RIDGE
This quarter, Sabre has discovered a broad zone of outcropping lead and zinc mineralisation, measuring around 1,500 x 50 m, during mapping of a geochemical anomaly at the South Ridge prospect to the east of the Border deposit (Figure 1 Figure 2). The mineralisation is vein network- and shear-hosted and similar in style and geometry to the Border deposit located 5.7 km to the west. The only important difference between the two deposits is the presence of significantly higher grades at surface at South Ridge.
The fresh galena and sphalerite mineralisation at South Ridge has been mapped continuously for over 1.5 km of strike length (Figure 6). It is over 50 m thick at the highest grade and thickest part and outcrops at the base of and on the northern slopes of a prominent hill. With a dip of approximately 80° towards the north, drilling should be relatively straightforward from the plain at the base of the hill. The South Ridge prospect is located just 900 m from the sealed Grootfontein-Tsumeb highway making access straightforward.
Channel sampling
SRCS0001 38 m @ 4.04% Pb+Zn (1.42% Zn + 2.62% Pb)
including 10 m @ 6.40% Pb+Zn (1.69% Zn + 4.71% Pb)
SRCS0002 23 m @ 7.61% Pb+Zn (1.09% Zn + 6.52% Pb)
including 14 m @ 10.96% Pb+Zn (1.16% Zn + 9.80% Pb)
SRCS0003 28 m @ 1.32 % Pb+Zn (0.83 % Zn + 0.49 % Pb)
including 2 m @ 4.77 % Pb+Zn (3.67 % Zn + 1.09 % Pb)
Regards,
Sutto
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Very Positive Announcement. Extension of the Toggenburg drilling...
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