Date: 8th September 2004
More High Grade Results from Paro
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
The intersection from PARC002 is exaggerated by drilling partially down dip from the available drill position, and equates to a true width estimated at 4.2m. This confirms the previously reported core of high grade of 4m @ 19.82 g/t from 51m (true width around 3m) in Hole PARC006, some 50m north of PARC002 (refer
ASX report 27 August 2004).
Drilling at Paro has identified significantly higher grade mineralisation at depth, generally below the oxidation profile, which suggests that deeper mineralisation can be targeted further south (toward the main deposit at Mineral Hill to at least Kasi North.
All sections at Paro remain open to the north and at depth.
In my opinion, this also looks great.
Constructive comments & discussion please.
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