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Consolidated Zinc Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Tres Amigos North | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 6/1/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-6-2017: Consolidated Zinc Ltd. announces an Exploration/Drilling Update report for its Tres Amigos North deposit at the Plomosas project. Assays from re-submitted drill samples incl. 1.85m @ 32.60% Zn, 0.28% Pb, 11.07g/t Ag . Consolidated Zinc Limited ( | |
| Resources: | (Resource, I+I): 568Kt @ 12.6% Zn, 4.3% Pb, 28.4g/t Ag at project | |
| CP/QP: | [Overall Report]: Steve Boda, Andrew Richards (Not Stated) | |
| ABSTRACT: | Consolidated Zinc Limited (ASX:CZL) is pleased to confirm the final assay results of the high grade zinc and lead mineralisation intersected in the Company’s initial six drillholes completed at the recently identified Tres Amigos North (TRN) zone (LV5013 to LV5018). This zone is found in the immediate hanging wall to the Juarez Limestone Unit and sits outside of the current high grade JORC resource envelope (Figure 1). As previously reported, several samples from within wider intersections returned grades higher than 30% for zinc which exceeded the upper limit of the analytical methods. These had to be reassayed by a more suitable method to finalise the grades of the mineralised intercept. The TRN area represents an exciting opportunity for the Company as it is a previously untested and unmined horizon stratigraphically below the mineralised Mina Vieja Manto. As reported to the market on 30 April 2017, high grade face sampling results are located in an area that is immediately accessible by existing workings (Figures 3, 4). Mineralisation here comprises coarser grained sphalerite and lesser galena than the mineralisation related to the Mina Vieja Manto and in some ways is similar to the mineralisation intersected in hole TRSDD010, located 500m to the south, near Mina Vieja Mine (Figures 2a and 2b). Mineralogy of TRN, suggests it is a higher temperature replacement style, commonly containing late-stage pyrite overprints, which occur patchy and irregular. There is a structural complexity associated with the mineralisation at TRN, which includes tight isoclinal folding of the mineralisation, shear structures and a change in the strike orientation of mineralisation to east-west. | |
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