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Energia Minerals Ltd.
Summary
| Project: | Gorno | |
|---|---|---|
| Deposit: | Colonna Zorzone | |
| Location: | Italy | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 3/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 8-3-2017: Energia Minerals Ltd. announces an Exploration/Drilling Update report for its Colonna Zorzone deposit at the Gorno project. Drilling results incl. 78.6m @ 2.2% Zn, 0.6% Pb, 10g/t Ag from 40.3m. Energia Minerals Ltd (ASX: EMX; “Energia” or Compan | |
| 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 report further strong results from ongoing resource drilling and feasibility work at its flagship 100%-owned Gorno Zinc Project in northern Italy where latest drilling has further defined the flagship Colonna Zorzone deposit, which still remains open in several directions, ahead of a new resource estimate which remains on track for completion by early April 2017. The updated resource will be based on the drilling completed to date and will underpin the Definitive Feasibility Study (DFS) due for completion by the end of April. In the upper levels of the Colonna Zorzone Deposit, recent drilling has produced some impressive intersections outside of the currently defined resource. Assay results from a further eleven holes (including GDD132A) are awaited and will be included in the new resource statement. Although drilling to be included in the DFS has now been completed, the deposit remains open in a number of directions and drilling is continuing with the number of drilling rigs reduced to two. Immediate priority for ongoing drilling will be to define the limit of the Colonna Zorzone deposit to the east of GDD098 and GDD100 and to the west of holes GDD135, GDD037 and GDD147 given that all of these holes contain significant mineralisation. It is also intended that additional in-fill drilling will be undertaken to the south of GDD145 down to the high-grade historical drilling on the 600 level | |
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