re: Ann: Further Strong Results from Nymagee ...
Sydney - Friday - July 8: (RWE Australian Business News) - YTC Resources Ltd (ASX:YTC) today announced the strongest copper results recorded to date from drilling at its 90pc-owned Nymagee Copper Project in the Cobar Basin, New South Wales. Hole NMD038 was drilled at the southern end of the Nymagee mineralisation to test shallow copper sulphide mineralisation associated with the southern footwall zone and then to intersect the Nymagee Main Lens at moderate depths. The hole intersected record grades and widths in the southern footwall zone and the Nymagee Main Lens: * 18m at 6.3pc copper, 0.65g/t gold and 26g/t silver from the Nymagee Main Lens; and * 92m at 1.5pc copper from 88m in the southern footwall zone. Approvals to complete a detailed drill-out of both the southern and northern shallow copper targets have now been received and this program has commenced. This program will include 7000m of RC and diamond core drilling and test the shallow copper zone over a strike length of more than 600m.
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