Drilling extends mineralisation at Sunshine

09 October 2007 | 05:21 Code : 15578 Geoscience events
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Follow up drilling on Stonehenge Metals’ Stonehenge Lease has extended....

  Follow up drilling on Stonehenge Metals’ Stonehenge Lease has extended the lead-zinc-silver mineralisation at the Sunshine prospect. The deposit is 125m long and 40m deep and is still open at depth and along strike, with economic intersections including 7m @ 12.8% zinc, 1.6% lead and 22 g/t silver.According to Stonehenge Metals, the true width of the deposit was initially thought to be between 5m and 10m wide, but this second round of drilling encountered wider mineralised zones, suggesting that the deposit may become wider at depth. The lode is contained within a wider shear system and the deposit may extend to the Colonel North Mine 400m to the northeast. Geological logging in conjunction with the assay results indicates that lead grades increases to the northeast, while zinc grades increases to the southwest. The mineralisation at Sunshine strikes northeast, is sub-vertical and extends to the surface where initial channel samples identified 10m @ 22% zinc. To date, approximately 900m of the 1242m planned drilling has been completed, with results pending for four diamond drill holes. Stonehenge Metals said the balance of the program and additional drilling would recommence this month. Stonehenge Metals Managing Director, Todd Hibberd said the company was extremely pleased with the results from the two drilling programs. “The results from the second round of drilling are significantly better than the initial results and auger well for the project,” Mr Hibberd said. “We are awaiting results from diamond drilling prior to calculating a JORC code compliant resource. “Once the JORC resource has been calculated we will be undertaking a preliminary mine feasibility study and discussing possible processing agreements with the local processing plants around our leases. In addition we are going to continue to expand the deposit with further drilling,” he said.

tags: QAZVIN


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