I have come to the conclusion on Dome 5 holes DF06 - DF09 and DF02 that there is good reason to conclude that UXA Resources have done well in their drilling at hole DF09.
The rich 0.85m seam at DF06 at a depth of 317.2 metres (19.2% zinc, 4.9% lead and 83ppm silver) may well run to DF09 and widen to 3 metres thick at a depth of 323.9 metres and then carry on, narrowing to 1 metre thick at DF02 at a depth of 328.3 metres(13.9% zinc, 8% lead and 75ppm silver).
The 3 metre seam at DF02 at a depth of 337.6 metres (7% zinc, 0.2% lead and 4ppm silver) may well drop away from DF09 continuing lower to DF02.
Though speculative there is reason to believe that UXA issued an announcement early as Dome 5 builds up excitement as UXA Resources approaches its first possibility of a zinc/lead/silver mine.
UXA Price at posting:
3.5¢ Sentiment: ST Buy Disclosure: Held
