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Ironbark Zinc Ltd.
Summary
| Project: | Citronen | |
|---|---|---|
| Deposit: | Citronen | |
| Location: | Greenland | |
| Commodities: | Zinc-Lead | |
| Date: | 11/25/2014 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-11-2014: Ironbark Zinc Ltd. announces a Resource Estimation report for its Citronen deposit at the Citronen project. Updated mineral resource estimate for project. Ironbark Zinc Limited (Ironbark) is pleased to present the information pertaining to the | |
| Resources: | (Resource, Total): 70.8Mt @ 5.7% Zn+Pb at Citronen | |
| CP/QP: | [Resources]: A. Byass, E Gibbon (Internal) | |
| ABSTRACT: | Ironbark Zinc Limited (Ironbark) is pleased to present the information pertaining to the exploration and mineral resource estimates of the Citronen Base Metals Project in accordance with ASX Listing Rule 5.8 and compliance with the 2012 JORC Code. A total of 315 diamond drill holes totalling 67,083m have been completed at the project since exploration began in 1993. The strike length of the mineralised holes of economic grade is 11 kilometres and the strike length of the area containing the current resource is over 6.5 kilometres (Figure 1). 91% of effectively drilled holes (holes completed to target depth) at the project have intersected sulphide mineralisation with 73% of the holes intersecting economic mineralisation of more than 2.0m at 3.5% Zinc. The project is open in almost every direction and many economic intercepts are outside the current resource wireframe. Table 1 contains information regarding the exploration and resource estimates of the Project and Annexure 1 contains information on all drill holes with significant intercepts. Ironbark is advancing the Citronen Project with a full feasibility study announced in April 2013 and an Exploitation (Mining) Licence Application submitted to the Government of Greenland in October 2014. | |
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