re: Ann: Discovery of Footwall Lodes confirme...
The results coming through are very very exciting. Again, the comparisons with the CSA system continue.
Deeper drilling confirms the discovery of two new contiguous high-grade copper lodes in the footwall position at the Nymagee Mine o NMD017: 12m @ 3.7% Cu from 324m (Royal lode) o NMD017: 6m @ 3.75% Cu from 471m (Club House lode)
Vertical continuity of >100 metres at >3% Cu at the [new] Royal lode
Assay results from hole NMD017 also indicate that the ?Main‟ Lode at this depth has developed into a substantial lead-zinc-silver lode with an intersection of: - 7m @ 4.6% Pb, 6.8%Zn and 26g/t Ag from 559m
Other zones of footwall mineralisation intersected in hole NMD017 which also have the potential to evolve into higher grade lodes at depth include: - 12m @ 0.84% Cu from 271m - 12m @ 1.3% Cu from 371m - 14m @ 0.9% Cu from 529m
"The development of high-grade footwall lodes at depth is consistent with the evolution of the world-class CSA deposit."