Macmin hits 2m of 1,390 g/t silver
11:27, Monday, 17 October 2005
Sydney - Monday - October 17: (RWE Australian Business News) -
Macmin Silver (MMN) reports that on September 14, a release to ASX
provided assay results for 70% of the recently completed "grade control"
drilling at the Twin Hills Silver Mine.
The remaining 30% of results has now been received and
mineralised intervals exceeding 60g/t silver tabulated.
The highest individual assay in the program was encountered in
Hole GTH053 where 2m at 1,390g/t silver was intersected between 18 and
20m downhole, whilst the best mineralised intercept occurred in GTH064,
which averaged 20m at 366g/t silver over the entire hole.
This initial campaign of "grade control" drilling was planned to
in-fill the previous "reserve status" drilling on a 6m x 6m block basis
over the top 10-15m of the deposit in the central area, where the
initial 200,000 tonnes of ore is to be extracted.
The success of truck mounted drilling program, in providing
detailed geological data for mine planning purposes, has meant that this
programme will be continued over the bulk of the orebody in the near
future.
Accessing the area to be drilled, before surface disturbance by
mining, is proving to be a time/cost effective way of obtaining a large
amount of assay data to optimise mine planning before start-up of the
operation.
ENDS
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