Redbank identifies broad sulphide at Puncbowl12:55, Monday, 15...

Redbank identifies broad sulphide at Puncbowl
12:55, Monday, 15 January 2007

Sydney - Monday - January 15: (RWE Aust Business News) - Redbank
Mines (ASX:RBM) has identified a broad zone of sulphide mineralisation
beneath the Punchbowl oxide mineralisation to 30-40 metres at its Redbank
copper project, Northern Territory.
The underlying sulphide zone has extended to 100m vertically and
remains untested below.
The first phase comprising 3,000m of RC drilling for resource
extension and in-fill purposed has already been completed at Bluff and
Punchbowl deposits, designed to increase the current resource inventory
of 4.2 million tonnes at 1.5 per cent copper (65,000 tonnes of contained
copper). Diamond drilling to collect metallurgical and geotechnical
information comprising two holes each at Punchbowl and Bluff has also
been completed.
Assays are awaited.