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Equus Mining Ltd.
Summary
| Project: | Los Domos | |
|---|---|---|
| Deposit: | Los Domos | |
| Location: | Chile | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 7/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-7-2017: Equus Mining Ltd. announces an Exploration/Drilling Update report for its Los Domos deposit at the Los Domos project. Drilling results incl. 8.39m @ 0.71g/t Au, 248g/t Ag, 20.72% Pb, 7.07% Zn from 45.75m. Equus Mining Limited (‘Equus’) (ASX: EQ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Damien Koerber (Internal) | |
| ABSTRACT: | Equus Mining Limited (‘Equus’) (ASX: EQE) is pleased to announce significant high grade assays from its maiden drill hole (LDD 001) at the Los Domos Gold-Silver Project. First Drill Hole at T7 Structure Prospect Returns Significant High Grade Mineralisation Assay Results at Shallow Depth: The first drill hole (LDD 001) at the previously undrilled Los Domos Gold-Silver Project has intercepted an 8.39m mineralised interval. The preliminary interpretation is that this drill intercept is the down dip extension of an outcropping zone of higher level, weaker precious and base metal mineralisation at the T7 Structure Prospect, which was previously channel sampled at surface. Surface sampling and mapping indicates that this outcropping mineralisation extends over at least a 300m strike length to the west-northwest and the host westnorthwest trending fault structure can be traced for at least 800m. Commenting on this first assay result Equus’s Managing Director Ted Leschke said: “We are highly excited and encouraged by this first drill intercept in our maiden drill hole at the Los Domos GoldSilver project. Not only did we intercept significant silver mineralisation, the presence of high grade levels of lead and zinc highlights the enormous prospectivity for base metals rich, Intermediate Sulphidation style mineralization at T7 Structural Prospect. Importantly this first result occurred directly beneath previously undertaken channel sampling which had identified anomalous pathfinder elements at surface. With an extensive data set of strongly anomalous channel results from outcropping mineralisation still to drill test across both the T7 and the other 8 structural targets defined to date, we are eager to expedite our exploration drill program efforts”. | |
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