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Energia Minerals Ltd.

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Summary

Project:

Gorno

Deposit:Colonna Zorzone
Location:Italy
Commodities:Zinc-Lead-Silver
Date:1/20/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:20-1-2017: Energia Minerals Ltd. announces an Exploration/Drilling Update report for its Colonna Zorzone deposit at the Gorno project. Drilling results incl. 20.2m @ 4.8% Zn, 1.7% Pb, 21g/t Ag from 127.2m. Energia Minerals Ltd (ASX: EMX, “Energia” or Comp
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Kim Robinson (Internal)
ABSTRACT:Energia Minerals Ltd (ASX: EMX, “Energia” or Company) is pleased to provide an update on ongoing resource drilling and feasibility work at its flagship 100%-owned Gorno Zinc Project in northern Italy, where strong results are continuing to be achieved in both the upper and lower levels of the Colonna Zorzone Deposit. Importantly, the latest drilling has demonstrated the potential for further growth in the upper levels of the deposit, where mining is expected to commence. A new diamond drill hole located to the west of the currently defined Indicated Resource, GDD134, encountered significant widths of mineralised Metalifero limestone (see photograph in Figure 1 of abundant sphalerite within an overall 80m drilled length of mineralisation). This is in an area that was previously thought to be largely barren based on a previous lowgrade intersection in GDD013; however, with the success of GDD134, together with the mineralised intercepts in GDD128 and GDD130 reported in the Company’s ASX Release of 21 December 2016 (for which assays are not yet available), at least four additional holes are now required to be drilled in this area, as shown in Figure 2. GDD134 encountered zinc mineralisation at a very low intersection angle and, although the true width is likely to be no more than 5-10m, the result is significant in that it establishes the lateral continuity of the mineralisation over a considerable strike length in this area and passed within 10m of GDD013, minimising its impact.

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