high grade results from paro

ASX Announcement 8 September 2004 1
Burdekin Pacific Limited
A.C.N. 059 329 519
Level 13, BGC Centre
28 The Esplanade
Perth WA 6000
Phone:
+61 8 9322 6045
Fax:
+61 8 9481 5557
Email:
[email protected]
Enquiries regarding this
announcement can be directed to
either:
Mr. Jerome G Vitale
Director and
Chief Executive Officer
or
Ms Susan J Field
Executive Director and
Company Secretary
Phone +61 8 9322 6045
ASX Code: “BKS”
7 pages
Date: 8th September 2004
New Sub-Parallel Gold Bearing Lode at 6000 North
More High Grade Results from Paro
Gold Mineralisation Confirmed Within 2.5km Strike
“Enhanced Case” Mining Scenario to be Considered
6000 North Prospect – Sub-Parallel Lode to Mineral Hill
Results have been received from initial RC drilling from the 6000
North prospect, situated approximately 1km north-west of the
Mineral Hill deposit (see Figure 1). The prospect appears to be on
a gold bearing lode sub-parallel to the west of the main gold
bearing lode hosting the Mineral Hill deposit.
Highlights from the drilling include:
Hole 6KN005 – 8m @ 3.16 g/t Au from 6m;
Hole 6KN002 – 3m @ 4.03 g/t Au from 3 m;
Hole 6KN007 – 3m @ 4.76 g/t Au from 25m
Drilling was undertaken on four sections 50m apart, to test outcrop
of a mineralised system not previously drilled. Multiple lodes have
been intersected on three sections north of 5850mN, identifying
shallow gold mineralisation at least 150 metres in strike length.
Significant pervasive silicification and sulphide mineralisation,
coupled with elevated gold anomalism, was a distinctive feature of
holes drilled thus far into this target.
All zones remain open to the north and at depth, and the Company
is very encouraged by the presence of shallow primary gold
mineralisation in this area. Paro now requires infill drilling on 25m
sections to bring the gold mineralisation to a JORC compliant
resource. Future drilling (not currently part of the current
programme) will also target deeper mineralisation and northern
extensions.
Paro Prospect
Further RC drilling results have been received from the Paro
deposit, some 650m north of Mineral Hill.
Highlights from the drilling include:
Hole PARC002 - 19m @ 5.58 g/t Au from 18m
(including 5m @ 13.59 g/t Au from 30m)
(true width 4.2m),
Hole PARC003 - 2m @ 6.66 g/t Au from surface,
Hole PARC001 - 3m @ 3.56 g/t Au from 10m