exco completes mt. colin testing ...

[Source: www.northweststar.com.au]

Exco completes Mount Colin testing
Sept. 13, 2012, midnight

Exco Resources Limited has received results from five diamond drill holes recently completed at its Mount Colin copper and gold deposit in North West Queensland.

All five holes intersected primary copper and gold mineralisation in the target zone.

They intersected six metres of massive and semi massive sulphide mineralisation averaging 11.29% Cu and 0.79 g/t Au within a broader zone of 15 metres 5.78% Cu and 0.53 gram per tonne (AU).

The mineralisation is dominated by chalcopyrite and assays confirm visual estimates of 50% to 60% chalcopyrite within the massive zone.

The deepest hole, EMCDD052, returned a thicker than expected intersection of 22 metres 2.27% Cu and 0.25 gram per tonne Au from 366 metres including 7 metres 2.94% Cu from 380 metres.

The true horizontal width of the intersection is estimated to be around 15.5 metres which is substantially wider than expected.

Exco commenced the current program of infill and extensional diamond drilling in June.

Two holes were planned to target down dip extensions to the current Resource with a further five holes planned to obtain sufficient drill spacing that may allow for conversion of Inferred Resources to Indicated status.

Of the five infill holes, three are complete and results are included in this announcement.

A further infill hole is in progress and the other planned hole will be drilled soon.


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