Strong drill results at Mineral Hill

09 October 2007 | 05:21 Code : 15579 Geoscience events
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Diamond drilling has intersected strong mineralisation within the Southern....

  Diamond drilling has intersected strong mineralisation within the Southern Ore Zone and the West Iodide lode at CBH Resources’ Mineral Hill mine, located near Condobolin in Central New South Wales.According to CBH, high-grade copper-gold mineralisation has been intersected 300m along strike from the Southern Ore Zone, one of series of steeply west dipping ore zones mined by Triako for copper-gold from 1989 until 2005. At the time of closure of the Mineral Hill mine, the total Mineral Resource inventory at the Southern Ore Zone was quoted by Triako at 182,600t @ 7.4gpt Au, 1.3% Cu with good potential for expansion. Recent drilling by CBH has tested the northern extension of the Southern Ore Zone system between the old Southern Ore Zone underground workings and those of the Jacks Hut workings. The drilling appears to have intersected a new copper-gold lens approximately 300m north of the Southern Ore Zone workings, 380m from the surface and below the main underground cross cut that provides access to the area. CBH said the intersection was very encouraging and indicated the strong likelihood for the discovery of new ore blocks to support the proposed reactivation of the Mineral Hill operation. The company said it was planning follow-up surface drilling.According to CBH, drilling has also progressed at West Iodide, immediately to the south of the Jacks Hut workings, recording good visual lead-zinc mineralisation within an area identified as a strong base metal target. Former drilling into this area intersected potentially economic lead-zinc-silver mineralisation, including 10m @ 3.4% Pb, 7.4% Zn, 18gpt Ag and 8.8m @ 2.0% Pb, 9.0% Zn, 89gpt Ag within a strike length of 250m. CBH is testing this mineralisation as a possible additional ore source for mine development. Three holes of a planned 10-hole program have been completed, with strong base metal sulphides recorded in two holes. These intercepts appear to confirm the presence of potentially mineable blocks that could be accessed with short cross cut development from the existing decline.

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