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Consolidated Zinc Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Level 7 Deeps | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 2/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-2-2017: Consolidated Zinc Ltd. announces an Exploration/Drilling Update report for its Level 7 Deeps deposit at the Plomosas project. Drilling results incl. 2.75m @ 25.70% Zn, 10.52% Pb, 64.00g/t Ag from 157.50m. Consolidated Zinc Limited (CZL:ASX) is p | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steve Boda, Andrew Richards (Not Stated) | |
| ABSTRACT: | Consolidated Zinc Limited (CZL:ASX) is pleased to present the following update detailing drilling progress and assay results received at the Plomosas Project resource definition drilling program. Underground drilling continued in Level 8 from cuddy L8.1 testing resource extensions below Level 7. Drillholes LV8006 to LV8017 were completed since recommencement of drilling in 2017. Assays were returned for holes L8006 to LV8009 while massive mineralisation was visually identified in LV8014 (assays awaited). Drilling aimed to extend the recently announced JORC compliant resource (14 December, 2016) to the south where mineralisation may be displaced by NE trending faults. Several of the drillholes encountered a wide fault zone rendering identification of the mineralised extension difficult. Where drilling intersected the mineralised sequence outside of the faulting, significant mineralisation was encountered, such as in LV8006 and LV8008. Significantly, the drilling to date continues to demonstrate that high grade mineralisation extends below Level 7 (Figures 3, 5‐6) which, at approximately 240m below surface, was the deepest of the main ore workings developed at Plomosas. However, fault displacement has made drilling from Cuddy 8.1 difficult and further drilling will step back to test for mine displacements and what appears to be coincident magnetic highs reflective of the mine sequence and massive sulphide mineralisation. | |
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