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Cassini Resources Ltd.
Summary
| Project: | West Arunta | |
|---|---|---|
| Deposit: | Iapetus, Enceladus | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Copper-Silver | |
| Date: | 6/23/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-6-2016: Cassini Resources Ltd. announces an Exploration/Drilling Update report for its Iapetus, Enceladus deposit at the West Arunta project. Drilling results incl. 22m @ 0.26% Zn, <0.01%Pb, <0.01% Cu from 0.30g/t Ag from 13m. Cassini Resources Limited | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Miles (Internal) | |
| ABSTRACT: | Cassini Resources Limited (ASX:CZI) (“Cassini” or the “Company”) is pleased to announce results from the maiden drilling program at its 100%-owned West Arunta Project (the “Project”) in Western Australia. The program consisted of 12 RC holes for 1,398m and was completed in late May. Cassini has completed the first ever drill program for sedimentary zinc at the West Arunta Project targeting two ferruginous outcrops. The aim of the program was to test for enriched zinc mineralisation in fresh bedrock beneath these outcrops. Drilling returned broad zones of sub-surface enrichment in zinc and associated elements within the weathered zone at both Iapetus and Enceladus Prospects. Best results include 22m @ 0.26% Zn from 13m including 2m @ 0.89% Zn from 22m in WAC0007 at the Enceladus Prospect (Figure 1). Anomalous zones of accessory metals were also intersected such as 21m @ 1.2g/t Ag from 9m in WAC0010. Individual samples of Pb & Cu peaked at 697ppm in WAC0010 and 178ppm in WAC0012 respectively. | |
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