Pan Aust reports highest value results
April 15, 2005 - 1:44PM
Pan Australian Resources Ltd said it has reported the highest value drill intersection to date at its major asset, the Phu Kham copper-gold deposit in Laos.
The hole returned a cumulative interval of 280 metres at 1.3 per cent copper and 0.2 grams per tonne of gold (g/t) which started only eight metres from surface.
It included a peak interval of 34 metres at 4.6 per cent copper and 0.7 g/t gold.
Pan managing director Gary Stafford said the results identified high-grade mineralisation over a significant width from a hole drilled north of the current resource envelope where the deposit remains open.
"This is the highest value hole in the history of the project," he said.
"We are awaiting assays from holes drilled further north again and that data should be available within the next month.
"If those holes come back mineralised it would extend the deposit a further 100 metres."
© 2005 AAP
- Forums
- ASX - By Stock
- buy now to enjoy the rise
Pan Aust reports highest value resultsApril 15, 2005 - 1:44PMPan...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online