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Investigator Resources Ltd.
Summary
| Project: | Peterlumbo | |
|---|---|---|
| Deposit: | Paris | |
| Location: | Australia | |
| Commodities: | Silver-Lead-Zinc-Lead-Gold-Copper | |
| Date: | 1/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 29-1-2018: Investigator Resources Ltd. announces an Exploration/Drilling Update report for its Paris deposit at the Peterlumbo project. Drilling results incl. 135m @ 0.52% Pb from 9m. Investigator Resources Limited (ASX Code: IVR) is pleased to provide an | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Anderson (Internal) | |
| ABSTRACT: | Investigator Resources Limited (ASX Code: IVR) is pleased to provide an update of the results for the first phase of extension drilling undertaken in December 2017 at the Company’s 100% owned Paris Silver Project. The aim is to build on the 42Moz silver resource to make the Company’s priority Paris project even more robust. Induced Polarisation (“IP”) geophysical surveying of target areas surrounding Paris is underway with the same objective. A total of 25 reverse circulation percussion (“RCP”) holes with an average depth of 108m (minimum 60.0m and maximum 153.0m) were drilled vertically for an aggregate 2,688m (Table A). The holes tested the north and south ends of the resource where prior wide-spaced drilling offered the potential for add on mineralisation (Figure 1), in addition to a test of an IP anomaly previously delineated by Investigator in the undrilled 200m x 400m south-eastern sector of the deposit. The results in this release relate to 3m composite sample intervals with all assays received for the new drill holes (Tables B & C). Drilling at the south end of the Paris deposit delivered positive results, showing continuity and potential extensions to the silver-mineralised breccias along (Figure 2) and south of the southern dyke (Figure 1). In addition, the tops of prospective breccias were intersected in the previously undrilled south-east target area. The available small RCP rig could not penetrate the highly altered breccias below 67m at this locality (Figure 3). Strong lead mineralisation and anomalous silver indicate deeper potential coincident with a chargeable IP anomaly. A larger RCP drill rig is contracted to recommence deeper drilling of the south-east target area at Paris in mid-February. | |
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