smd scores big copper hits at barbara ...

[Source: www.resourcesroadhouse.com.au/]

Syndicated Metals Scores Big Copper Hits at Barbara
Wednesday, May 14, 2014

THE DRILL SERGEANT: Syndicated Metals (ASX: SMD) has commenced work underway on a Mineral Resource upgrade for the company’s Barbara copper-gold joint venture project in northern Queensland.

The calculations started after Syndicated received the final batch of assays from recent in-fill and metallurgical drilling.

Results from the final eight diamond holes of the program included a thick, near-surface intersection in the Southern Shoot of 29 metres at 3.24 per cent copper from 22 metres down-hole including a high-grade, hangingwall intersection of 19m at 4.07 per cent copper.

In addition, a second thick intersection of 25.9m at 4.24 per cent copper from 125.7m down-hole including a high-grade, hangingwall intersection of 7.5m at 10.76 per cent copper.

Other results from near surface in the Southern Shoot included 13m at 1.53 per cent copper from surface and 17m at 2.11 per cent copper from 13m down-hole, which the company said had confirmed the tenor, grade and predictable nature of the mineralisation in the Barbara deposit.

Syndicated said the new results build on those it reported previously, which included a thick intersection in the Southern Shoot of 31.2m at 3.38 per cent copper including a significant high-grade, hangingwall intersection of 11.7m at 7.92 per cent copper, and other Southern Shoot intersections of 22m at 2.27 per cent copper and 26m at 2.13 per cent copper.


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