BTV batavia mining limited

HIGH GRADE GOLD-COPPER INTERSECTIONSFROM NEW DEFLECTOR DRILLING...

  1. 1,536 Posts.
    HIGH GRADE GOLD-COPPER INTERSECTIONS
    FROM NEW DEFLECTOR DRILLING PROGRAMME
    2 May 2006
    • Outstanding intersection of 5.00m @ 43.5 g/t Au and 2.1% Cu.
    • Additional high grade intercepts returned from West Lode:
    - 4.00m @ 8.21 g/t Au
    - 0.17m @ 123.4 g/t Au and 2.6% Cu
    - 4.50m @ 12.47 g/t Au and 0.38% Cu, which includes 1.7m @ 31.1 g/t Au and 0.7% Cu
    - 4.62m @17.60 g/t Au and 0.2% Cu
    - 1.66m @ 20.17 g/t Au and 0.6% Cu including 0.32m @ 94.2 g/t Au
    - 1.34m @ 25.74 g/t Au and 2.1% Cu
    • Diamond drilling programme returning significant high-grade results from both in-fill and resource extension drilling.
    Batavia Mining Limited (ASX: BTV) today announced significant initial results from the recently commenced in-fill and resource extensional drilling programme at the Deflector Gold-Copper Project at Gullewa in Western Australia, including an outstanding best intersection from the new programme of 5.00m @ 43.5g/t Au and 2.1% Cu.
    .
    The drilling programme commenced in mid-March 2006 with two key objectives:
    • in-fill drilling targeting the upper portion of the Deflector resource in the West Lode, which is aimed at increasing the level of confidence in this portion of the resource and upgrading it to the Indicated category; and
    • resource extensional drilling which is being conducted both along strike and, more importantly at depth focusing on targets beneath West Lode with the objective of increasing the Mineral Resource to a level of 1M oz Au Eq.
    Significant, high-grade results have so far been received from both components of the drilling programme, which is currently 40% complete. These included high-grade intercepts from the West Lode including 4.00m @ 8.21g/t Au, 0.17m @ 123.4g/t Au and 2.6% Cu, 4.62m @ 17.60g/t Au and 0.2% Cu and 1.66m @ 20.17 g/t Au and 0.6% Cu, including 0.32m @ 94.2g/t Au. Full details of the drilling results received to date are provided in the table overleaf.
    Batavia is aiming to complete this drilling programme by the end of May 2006, to be followed by resource modelling. Further results from the ongoing programme will be announced as soon as they are received.
    Assay results to date are summarised below:
    te Diamond Infill and Extensional Drilling Programme
    Collar
    Direction
    Hole
    Downhole
    Lengths
    (m)
    From Depth (m)
    Au (g/t)
    Cu
    %
    Lode
    ID
    mN
    mE
    mRL
    Dip
    Azimuth
    4.00
    349.00
    8.21
    <0.1
    West
    19280
    9580
    280
    90
    -60
    1.00
    376.00
    1.13
    <0.1
    BDRCD049(E)
    1.00
    380.00
    4.29
    <0.1
    BDRCD050(E)
    1.22
    178.06
    9.72
    2.3
    West
    19020
    9680
    280
    90
    -60
    BDRCD051(I)
    1.20
    208.30
    2.15
    0.7
    West
    19240
    9675
    280
    90
    -60
    1.02
    211.80
    4.46
    1.1
    2.00
    214.50
    3.78
    0.9
    2.00
    217.50
    5.11
    1.8
    0.17
    222.91
    123.4
    2.6
    1.70
    256.80
    31.1
    0.7
    1.80
    259.50
    1.80
    0.3
    1.00
    266.60
    2.36
    0.1
    BDRCD053(I)
    4.62
    295.60
    17.6
    0.2
    West
    19270
    9640
    280
    90
    -58
    0.
    18
    331.66
    18.47
    1.9
    0.
    32
    333.00
    94.25
    2.1
    BDRCD054(I) 1.
    34
    252.55
    25.74
    2.1
    West
    19180
    9650
    280
    90
    -58
    0.90
    256.74
    3.68
    0.3
    BDRCD073(I) 3.
    00
    193.00
    5.30
    0.2
    West
    19460
    9695
    280
    89
    -58
    5.00
    200.00
    43.53
    2.1
    Notes: All drill intervals stated represent downhole lengths
    Au analytical method, FA50/AAS
    Cu analytical method, AX/AAS
    (I) Infill Drilling
    (E) Extensional Drilling
    For further information please contact Mr Greg Durack at our Perth office on +618 9327 0980.
    Yours faithfully
    BATAVIA MINING LIMITED
    The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Neil Biddle, who is a member of The Australasian Institute of Mining and Metallurgy. Neil Biddle is a Director of Batavia Mining Limited. Neil Biddle has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Neil Biddle consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
    Managing Director
    Greg Durack
    Drill Hole Location Plan
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.