Yearly Archives: 2013

High Grade Zinc Discovery at Teena

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Highlights:

  • First drill hole intersected a 116m interval of variable mineralisation from 1,012m
  • Multiple zones of mineralisation intersected above a 2.5% Zn+Pb cut-off
  • 26.4m @ 13.3% Zn+Pb, including
    • 16.2m @ 17.2% Zn+Pb, including
      • 8.0m @ 21.2% Zn+Pb
  • Teena prospect hosts high-grade Sedex zinc-lead sulphide mineralisation similar to the ¬†McArthur River mine located 10km away
  • Second hole, approximately 200m west of the first, has intersected visually similar mineralisation
  • Drilling is ongoing with results to come

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Strike and Depth Extensions at Camelwood

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Highlights:

Highlights

  • Main Zone extended a further 100 metres south
    • 1.9m @ 3.15% Ni in hole MFED040
  • Mineralisation at depth starts to re-emerge
    • 1.6m @ 3.7% Ni in hole MFED036
  • Solid intersections in Main Zone
    • 6.3m @ 1.5% Ni in hole MFED035
    • 2.9m @ 2.2% Ni in hole MFED037
    • 5.6m @ 2.1% Ni in hole MFED039
  • Data audit and resource estimation underway
  • Regional exploration review looking for repeats of Camelwood deposit

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