News: KBL Mining confirms down dip continuity of D Lode in New South Wales project

KBL Mining’s (ASX:KBL) recent drilling has intersected high grade gold-silver lenses and confirmed the down dip continuity of D Lode within the Southern Ore Zone (SOZ) of its Mineral Hill Project in central-western New South Wales.

This strengthens the opportunity for multi-metal D Lode production versatility from and below the newly established 20RL mining level.

Notable results are:
- 29.3 metres at 1.1% copper, 2% lead, 0.5% zinc, 85 grams per tonne silver and 2.7g/t gold including 11 metres at 2.1% copper, 1.2% lead, 0.2% zinc, 21 g/t silver & 2.7 g/t gold and 7.4 metres at 267 g/t silver & 3 g/t gold;
- 5 metres at 14 g/t silver & 2.3 g/t gold including 2 metres at 22 g/t silver & 3.8g/t gold; and
- 7 metres at 1% copper, 42g/t silver & 18.8g/t gold including 1.5 metres at 3% copper, 147g/t silver & 76.8 g/t gold.

Recent underground diamond drilling at the SOZ has successfully targeted the down-dip extension of polymetallic mineralisation at and below the current mining levels.

This provides early support for the KBL exploration model, highlighting the potential for south-plunging high-grade shoots at the southernmost known extent of the deposit.

There is opportunity for further discovery at depth to the south where the A, B, C, D & G lodes remain open.

In parallel with development at 40RL, access has now been established approximately 20 metres below for an additional production level.

 

The 20RL level will initially service stope production from the copper- and gold-bearing B & C Lodes and will facilitate subsequent production from high grade gold lenses in the polymetallic D Lode.