Tasman assays 'highly encouraging' at Vulcan Unit Price: $0.089...

Tasman assays 'highly encouraging' at Vulcan
Unit Price: $0.089

-$0.006
Bid: $0.089 Ask: $0.095
TASMAN RESOURCES LTD ORDINARY FULLY PAID 11 Feb 2013 12:03:00
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Sydney - Monday - February 11: (RWE Australian Business News) - Tasman Resources (TAS) says highly encouraging assay results have been received for drill hole the Vulcan project's VUD 11, the third hole in the program commenced last year under the Tasman-Rio Tinto Exploration FarmIn/Joint Venture Agreement.

* 137.0m at 0.14% Cu, 0.18g/t Au, 0.08kg/t U3O8, 130ppb Pd and 24% Fe from 1027m down hole

* Included within this interval are a number of higher grade zones (down hole), including:

12m at 0.20% Cu, 0.24g/t Au, 0.17kg/t U3O8, 115ppb Pd and 28% Fe from 1094m, and

36.0m at 0.23% Cu, 0.10g/t Au, 0.04kg/t U3O8, 210ppb Pd and 21% Fe from 1128m.

As previously reported, VUD 11 intersected over 630m of very strong IOCGU style alteration (dominated by minerals which characterise IOCGU ore deposits such as Olympic Dam; in particular, sericite, hematite, chlorite and carbonate).