STK 6.00% 9.4¢ strickland metals limited

high grade results

  1. 643 Posts.
    FURTHER HIGH GRADE RESULTS AND DISCOVERY OF NEW MINERALISED SYSTEM
    HIGHLIGHTS
    �� Additional sampling results from Nam Thong confirm consistent high base metal grades
    (up to 19% Cu, 15% Pb, 9% Zn)
    �� Discovery of a new base metal occurrence 30 km to east of Nam Thong prospect
    highlights the regional mineral potential of project area
    ADDITIONAL ROCK SAMPLES FROM NAM THONG
    PROSPECTS IN LAOS CONCESSION APPLICATION AREA
    A number of follow up rock chip samples were taken in an area identified by first pass sampling
    at the Nam Thong prospect. Rock chip sampling of copper stained siltstone has confirmed the
    presence of particularly exciting high grade copper, lead and zinc appearing consistently in
    these near surface rocks, along with anomalous gold and silver (Table 1). Three of the 8
    samples returned 14-19% copper, 2-3% lead, and 5-8% zinc.
    Nam Thong sits within a small mining lease and overlapping mineral exploration concession
    application area that will form part of a joint venture between Alloy Resources Limited and
    Nilandon Mining and Development Limited (Laos). The concession application area covers
    some 1,000 sq kms, and is located in a mineral rich corridor (Figure 1).
    Alloy plans to commence low impact exploration in and around the Nam Thong prospect and
    other mineral occurrences while the exploration concession application is being reviewed by the
    Lao government. This will consist of soil geochemical surveying, followed by pitting and
    trenching on anomalies.
    SAMPLE Au Ag Cu Pb Zn
    ROCK TYPE Number g/t g/t % % %
    Siltstone and limestone YS11043 0.63 22.8 0.55 11.50 0.604
    Siltstone and limestone YS11044 0.96 35.8 0.37 15.00 0.326
    Siltstone and quartz YS11045 0.52 7.6 2.11 4.70 1.80
    Siltstone YS11046 failed assay 19.8 19.35 2.92 5.46
 
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