Tuesday, 7 February 2006
ASX Companies Announcements
Release via ASX Online
NEW VMS DISCOVERY AT EMBA DERHO PROSPECT, ASMARA PROJECT,
ERITREA
Joint Venture partner Sunridge Gold Corp. (SGC/TSX.V) has reported assay
results from the first ten drill holes of an initial thirteen hole diamond drill program
at the Emba Derho VMS (Volcanogenic Massive Sulfide) prospect situated
approximately 10km north west of the capital Asmara and within 6km of the, Adi
Nefas VMS deposit.
HIGHLIGHTS
ED-003-D – 6.0 metres grading 9.21 g/t Au
ED-005-D – 22.50 metres grading 2.22 g/t Au and 13.25 metres grading 1.26% Cu
ED-007-D – 34.0 metres grading 5.45% Zn
ED-008-D – 11.5 metres grading 5.6% Zn and 20.45 metres grading 1.3% Cu
ED-009-D– 13.25 metres grading 1.07% Cu
ED-010-D – 25.80 metres grading 5.51% Zn
These initial results cover 160 metres of strike to 200 metres vertical depth and
confirm a previously unknown oxidized gold zone at surface, underlain by copper
and zinc mineralisation similar to the other VMS discoveries within the Asmara
Project. The overall grade of this discovery is lower than that reported from Adi
Nefas and Debarwa but the outcrop suggests there is potentially a much larger
VMS deposit.
The surface expression of the Emba Derho gossan zone extends for over 700
metres and is the largest VMS discovery within the Asmara Project. Emba Derho is
being recognized as a possible bulk-mineable VMS-style target. The Emba Derho
is the fourth significant zones of mineralisation within the Asmara Project along
with Debarwa, Adi Nefas, and Gupo Gold.
ACN: 061 104 158
288 Stirling Street, Perth
Western Australia 6000
PO Box 8260
Perth Business Centre
Western Australia 6849
Telephone (+61 8) 9227 3260
Facsimile (+61 8) 9227 3271
Email: [email protected]
Web: ww.subsahara.com.au
Sub-Sahara Resources NL
2
Results from the remaining three holes from the Emba Derho drilling are expected
soon and follow-up drilling will start later this month.
Table 1: Significant Drill Results – Emba Derho
Drill hole # From
metres
To
metres
Length
metres
Gold (Au)
g/t
Silver (Ag)
g/t
Copper
(Cu) %
Zinc
(Zn) % Zone
ED-001-D 49.00 56.80 7.80 0.05 1.06 1.33 0.20 SG
ED-002-D 60.00 63.65 3.65 0.11 0 0.89 0.54 P
And 69.25 71.40 2.15 0.13 0 1.10 0.29 P
ED-003-D 12.00 18.00 6.00 9.21 0 0.12 0.02 O
ED-004-D 144.65 157.40 12.75 0.18 3.75 2.09 0.23 P
ED-005-D 51.00 73.50 22.50 2.22 50.20 0.32 0.89 O+SG
And 94.20 96.50 2.30 0.20 9.50 1.38 2.32 P
And 114.40 118.55 4.15 0.11 4.34 0.94 0.62 P
And 128.85 134.55 5.70 0.12 5.09 0.82 0.54 P
And 135.65 148.90 13.25 0.12 2.19 1.26 0.81 P
And 180.85 182.95 2.10 0.13 6.19 2.84 0.13 P
ED-006-D 34.00 37.00 3.00 1.15 5.50 0.02 0.03 O
ED-007-D 18.00 21.00 3.00 2.87 6.50 0.01 0.01 O
And 45.60 51.00 5.40 5.09 12.04 0 0.01 O
And 63.00 97.00 34.00 0.24 14.02 0.25 5.45 P
ED-008-D 175.30 186.80 11.50 0.09 2.30 0.15 5.58 P
And 191.70 196.65 4.95 0.51 14.63 0.33 2.70 P
And 198.90 201.00 2.10 0.46 11.43 0.52 4.41 P
And 202.85 206.10 3.25 0.16 0 0.35 4.52 P
And 221.05 241.50 20.45 0.07 0 1.27 0.09 P
And 248.25 255.75 7.70 0.17 6.16 3.17 0.13 P
ED-009-D 35.40 48.65 13.25 0.16 0 1.07 0.06 SG
And 62.80 65.35 2.55 0.25 0 1.16 2.49 SG
And 82.25 84.90 2.65 0.20 0 1.24 0.25 P
And 100.50 104.50 4.00 0.46 2.75 1.51 1.54 P
ED-010-D 31.50 37.50 6.0 1.09 0 0.01 0.01 0
And 116.10 123.40 7.30 0.62 31.80 0.20 6.40 P
And 134.70 160.50 25.80 0.40 8.67 0.20 5.51 P
And 173.20 181.00 7.50 0.13 0 1.44 0.36 P
Notes:
1. Drill intercept lengths only are reported in the tabulations; it is estimated that true width will
be approximately 80% of the reported drill intercept length.
2. Hole designation ending in “D” are all drilled by diamond drilling methods only.
3. Zones of mineralisation in the tabulations are as follows: O = Oxide, SG=Supergene,
P=Primary zones of mineralisation.
4. A Quality Assurance/Quality Control program is part of the drilling program on the Asmara
Project. This program includes chain of custody protocol as well as systematic submittals of
standards, duplicates and blank samples into the flow of samples produced by the drilling.
5. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis
Laboratories (a NATA registered laboratory) in Perth Western Australia.
3
The gossanous surface expression of the Emba Derho VMS mineralisation is over
700 metres in length and forms three tight fold structures that plunge to the north
and north-east. The massive sulphide mineralisation is composed of a series of
stacked and folded lenses ranging in thickness from 10 to 30 metres and these
lenses are cut by a series of narrow (mostly between 1 to 5 metres) un-mineralised
quartz porphyry dikes. These drill results suggest that the mineralised structures
plunge and thicken to the north and north-east towards a strong recently defined
800 metre long gravity anomaly and this anomaly will be fully tested during the
next phase of drilling scheduled to start later this month.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director
For further information please e-mail Michael Griffiths
([email protected]) or contact by phone on 61-8-9227 3260
# Reported in accordance with the Aus. IMM “Australasian Code for Reporting of
Identified Mineral Resources and Ore Reserves” and is based on information
complied by Mr M.R. Griffiths, a competent person as defined by the Code and a
Member of Australasian Institute of Mining & Metallurgy. Mr Griffiths is employed
by Sub-Sahara Resources NL and has consented to the information in the form
and context in which it appears.
- Forums
- ASX - By Stock
- SBS
- asmara drill results
asmara drill results, page-14
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)