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Consolidated Zinc Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Level 8 | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 3/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-3-2017: Consolidated Zinc Ltd. announces an Exploration/Drilling Update report for its Level 8 deposit at the Plomosas project. Drilling results incl. 4.70m @ 11.60% Zn, 6.63% Pb, 30.76g/t Ag from 99.8m. Consolidated Zinc Limited (CZL:ASX; “Consolidated | |
| Resources: | (Resource, I+I): 568Kt @ 16.9% Zn+Pb, 28.4g/t Ag for 96,000t Zn+Pb contained at project | |
| CP/QP: | [Overall Report]: Steve Boda, Andrew Richards (Not Stated) | |
| ABSTRACT: | Consolidated Zinc Limited (CZL:ASX; “Consolidated Zinc” or “the company”) is pleased to present the following update outlining additional high grade zinc mineralisation identified in underground mapping and detailing drilling progress and assay results received at the Plomosas Project resource definition drilling program. Underground mapping and sampling along the Level 7 drives has outlined significant high grade mineralisation at Tres Amigos North and Carola South areas (Figure 2). These are immediately accessible from underground development on Levels 5 and 7 respectively and located outside the existing JORC (2012) Mineral Resource announced to the market on 15 December, 2016 (Table 3). Extensive mapping and sampling was undertaken of these areas and the presence of high grade mineralisation was confirmed as summarised in Table 1 for those sample assays returned to date. Resource definition drilling had been planned to extend the resource estimated for this area and the results of the latest findings at Tres Amigos North will be incorporated into this program. The Carola South mineralisation is an extension of the massive sulphides previously mined by Asarco. Only an exploration drive was developed to the south and mining from this drive was only done when mineralisation was encountered. This exploration drive was developed internal to the Mina Veija Manto, so the hanging wall and footwall contacts were not encountered inside this drive. | |
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