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Consolidated Zinc Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Tres Amigos North | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 5/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-5-2017: Consolidated Zinc Ltd. announces an Exploration/Drilling Update report for its Tres Amigos North deposit at the Plomosas project. Drilling results incl. 1.5m @ >30% Zn, 0.59% Pb, 52.05g/t Ag from 95.8m. Consolidated Zinc Limited (ASX:CZL) is pl | |
| 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 presence of 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). Consolidated Zinc Managing Director Will Dix commented “This again confirms our view that there is significant untapped mineralisation accessible from within the existing mine infrastructure. I expect this new drilling at Tres Amigos North and that recently identified at Carola South will add significant tonnes to our existing JORC resource base.” The results are preliminary as nine of the samples submitted for assay returned grades above 30% zinc. This is greater than the ore grade analysis method used and the samples have been resubmitted for “concentrate grade” analytical methods. These results are expected to be returned at the end of the week and the Company plans to release a full interpretation and analysis of the results at this time. The TRN area represents an exciting opportunity for the Company as it is a previously untested and unmined horizon stratigraphically below the Mina Vieja Manto. Face sampling results that located this area that is immediately accessible by existing workings are shown in Figure 3 and were reported to the market on 30 April 2017. | |
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