WEZ westonia mines limited

I like their mine management plan also-the grades were as good...

  1. 84 Posts.
    I like their mine management plan also-the grades were as good as have seen for a fair while-make up your own minds but nice nos

    WEZ - ASX Company Announcement
    $gen0 THIS IS A PRIORITY ITEM
    20 May 2003
    Part 1/1
    --------
    WESTONIA MINES LIMITED
    ----------------------

    HOMEX - Perth
    -------------------------
    Westonia Deeps Initiative Progress Report & Assay Summary

    WESTONIA DEEPS INITIATIVE
    PROGRESS REPORT AND ASSAY SUMMARY

    HIGHLIGHTS

    * Infill assaying program completed.

    * Release of multiple gold drill intersections, including 5.0m at
    50.0 g/t, 5m at 38.7 g/t, 13.0m at 16.9 g/t and 12.0m at 11.4 g/t,
    beyond the planned open cut attests to underground mining potential.

    * Deep drilling to begin as soon as a suitable rig becomes available.

    GOLD INTERSECTIONS

    The Westonia Deeps Initiative aims to test the Company's wholly owned
    Westonia system to a depth of around 1000m, and to define ore
    reserves which can be mined underground so as to provide for a
    long-term operation there. Mining would be by modern mechanised
    methods over broad zones of mineralisation, and would initially
    utilise the Companys decline which is already at a depth of 264m.

    Westonia Mines Limited ("WEZ") has completed the first phase of the
    Initiative. It has carried out its intended infill assaying program
    on those prospective sections of diamond drill core which had not
    previously been assayed.

    WEZ is very encouraged by the widespread occurrence of gold at depth
    and laterally beyond the zone likely to be mined by the renewed open
    cut operation. It is considered timely to release a summary of
    individual hole data as an illustration of the spread of
    mineralisation and of potential future economic tenor. The following
    Table lists uncut downhole gold intersections beyond the present pit
    plan and based on a 25 gram - metre cut-off. That is, at least 5 g/t
    gold when averaged over at least 5 metres downhole. It includes
    results from the recently assayed infill program, as well as holes
    assayed previously.

    Figure 1 shows the general positions and orientations of the
    tabulated drill holes, as well as the surface projection of the
    planned pit.

    Drill Intersections of Interest for Underground Mining Appraisal

    HOLE ID SAMPLE SAMPLE GRAM - LENGTH GRADE
    FROM TO (M) METRES (M) (G/T)
    (M) (G/T)

    WDD015 147 152 25.5 5.0 5.1
    WDD029 210 217 145.6 7.0 20.8
    WDD030 198 203 34.5 5.0 6.9
    WDD032 200 205 66.0 5.0 13.2
    WDD032 223 228 34.5 5.0 6.9
    WDD037 178 183 78.5 5.0 15.7
    WDD037 193 198 26.0 5.0 5.2
    WDD041 285 290 49.5 5.0 9.9
    WDD042 294 299 38.5 5.0 7.7
    WDD043 366 371 33.5 5.0 6.7
    WDD043 392 397 104.0 5.0 20.8
    WDD043A 364.9 369.9 27.0 5.0 5.4
    WDD047 233 238 28.5 5.0 5.7
    WDD048 238 243 38.5 5.0 7.7
    WDD049 269 274 82.0 5.0 16.4
    WDD050 269 274 25.0 5.0 5.0
    WDD050 327 332 28.0 5.0 5.6
    WDD050 339 344 58.5 5.0 11.7
    WDD052 324 329 46.5 5.0 9.3
    WDD052A 313 318 43.5 5.0 8.7
    WDD053 257 262 157.5 5.0 31.5
    WDD054 410 415 78.0 5.0 15.6
    WDD054A 408 417 90.0 9.0 10.0
    WDD055 452 458 106.8 6.0 17.8
    WDD055 470 475 35.5 5.0 7.1
    WDD055 473 478 48.0 5.0 9.6
    WDD055A 455 468 219.7 13.0 16.9
    WDD056 347 352 40.0 5.0 8.0
    WDD058 373 378 25.5 5.0 5.1
    WDD059 365 371 54.6 6.0 9.1
    WDD059 385 390 26.5 5.0 5.3
    WDD059 469 474 27.0 5.0 5.4
    WDD062 204 209 103.0 5.0 20.6
    WDD064 463 468 45.5 5.0 9.1
    WDD066 329 334 26.0 5.0 5.2
    WDD076 366 371 66.0 5.0 13.2
    WDD076 443 448 29.0 5.0 5.8
    WDD078 680 685 62.5 5.0 12.5
    WDD078 702 707 39.0 5.0 7.8
    WDD083 496 503.5 68.3 7.5 9.1
    WDD080 293.3 300.4 39.1 7.1 5.5
    WDD083 520.9 525.9 36.0 5.0 7.2
    WDD083 582 587 29.0 5.0 5.8
    WDD084 184 192 186.4 8.0 23.3
    WDD087 195 200 39.5 5.0 7.9
    WDD091 192.6 197.6 41.0 5.0 8.2
    WERC01 20 25 26.5 5.0 5.3
    WERC28 42 47 26.5 5.0 5.3
    WERC74 51 56 250.0 5.0 50.0
    WRC292 70 75 48.5 5.0 9.7
    WRC425 81 86 27.5 5.0 5.5
    WRC429 11 23 136.8 12.0 11.4
    WRC446 46 51 35.5 5.0 7.1
    WRC502 92 97 30.0 5.0 6.0
    WRC515 76 81 85.0 5.0 17.0
    WRC527 51 56 26.5 5.0 5.3
    WRC529 55 60 45.0 5.0 9.0
    WRC632 86 91 30.5 5.0 6.1
    WUD011* 75.5 80.5 60.0 5.0 12.0
    WUD011* 85.8 90.8 43.0 5.0 8.6
    WUD018* 55.1 60.1 28.5 5.0 5.7
    WUD020* 33.7 38.7 117.0 5.0 23.4
    WUD022* 35.1 40.1 26.5 5.0 5.3
    WUD025* 49.3 54.8 56.7 5.5 10.3
    WUD026* 98.2 103.2 34.5 5.0 6.9
    WUD027* 42.1 47.1 29.0 5.0 5.8
    WUD027* 67.2 72.2 37.0 5.0 7.4
    WUD029* 57.5 62.5 39.5 5.0 7.9
    WUD031* 44.7 50.2 87.5 5.5 15.9
    WUD032* 84.8 89.8 30.0 5.0 6.0
    WUD039* 81.9 86.9 193.5 5.0 38.7
    WUD053* 14.3 19.3 32.0 5.0 6.4
    WUD053* 99.5 106.7 82.8 7.2 11.5
    WUD055* 86.6 91.6 54.0 5.0 10.8
    WUD056* 8 13 107.0 5.0 21.4
    WUD058* 18.1 23.1 29.0 5.0 5.8
    WUD058* 32.9 37.9 33.5 5.0 6.7
    WUD059* 51 56 34.5 5.0 6.9
    WUD060* 134.5 139.5 36.0 5.0 7.2
    WUD064* 70 75 159.0 5.0 31.8

    WRC prefix refers to reverse circulation drill holes; WERC to RC
    holes in the Golden Point area some 500m east of the planned pit; WDD
    to diamond holes drilled from surface; and WUD to underground diamond
    holes. * Refers to holes with recent infill assaying.

    DRILLING

    Figure 2 presents a cross section which includes the deepest drilling
    to date and provides an indication of mineralisation continuity
    potential.

    Planning for the first round of drilling under the Deeps Initiative
    is almost complete. Suitable drill rigs are being sought and drilling
    will commence as soon as they are available.

    Andrew Drummond
    MANAGING DIRECTOR

    Enquiries should be directed to the writer and readers are encouraged
    to register on the Company's website (www.westoniamines.com.au) for
    automatic receipt of information.

    COMPETENT PERSON DECLARATION

    The information on mineralisation in this report accurately reflects
    information prepared by competent persons (as defined by the
    Australasian Code of Reporting of Identified Mineral Resources and
    Ore Reserves). It is compiled by A.J. Drummond, an employee of the
    Company who is a Fellow of The Australasian Institute of Mining and
    Metallurgy with the requisite experience in the field of activity in
    which he is reporting.

    A copy of the maps is available in PDF format on www.asx.com.au.
    Alternatively it is available for purchase from ASX Customer Service
    on 1 300 300 279.



 
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