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Consolidated Zinc Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Tres Amigos | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 2/14/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-2-2018: Consolidated Zinc Ltd. announces an Exploration/Drilling Update report for its Tres Amigos deposit at the Plomosas project. Drilling results incl. 5.65m @ 16.26% Zn, 7.6% Pb, 24.01g/t Ag from 68.2m. Consolidated Zinc Limited (ASX:CZL) is please | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steve Boda, Andrew Richards (Internal) | |
| ABSTRACT: | Consolidated Zinc Limited (ASX:CZL) is pleased to provide an update of the latest extensional and infill resource definition drilling campaign that recommenced on 27 November, 2017 at Plomosas mine in Mexico. High zinc assay results for massive sulphides intercepted in LV5039 and LV5040, previously announced to the market, were received along with those for several other drillholes completed since then. Tables 1 and 2 summarise the hole details and assay results received for which the better intercepts included Several of these mineralised zones are outside of and will potentially extend the current JORC mineral resource envelope. Holes LV5038 and LV5039 tested the north-western extension of the Tres Amigos North mineralised zone with the LV5039 intercept occurring 25 metres above the resource envelope, while the mineralised unit in LV5040, occurs 75 metres below Level 7. Drilling has defined two styles of mineralisation; a feeder zone style located in the hanging wall shales to the Juarez Limestone (e.g. LV5038 and LV5039) and Juarez Limestone hosted massive sulphide units. The results from LV5040 are particularly exciting as they represent a significant high grade target extending the Tres Amigos mineralised horizon up to 120 metres down dip within the Juarez Limestone. This zinc dominant horizon below the No. 32 orebody (as mined by ASARCO) was neither identified nor mined by previous workers. | |
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