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Longford Resources Ltd.
Summary
| Project: | Keel | |
|---|---|---|
| Deposit: | Keel | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 7/10/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-7-2017: Longford Resources Ltd. announces an Exploration/Drilling Update report for its Keel deposit at the Keel project. Drilling results incl. 83m @ 3.9% Zn, 0.2% Pb, 14g/t Ag from 134m. Longford Resources Limited (ASX: LFR) (Longford or the Company) | |
| Resources: | (Resource, Inf.): 6.9Mt @ 5.6% Zn, 0.8% Pb at Keel | |
| CP/QP: | [Overall Report]: Charles Guy (Internal) | |
| ABSTRACT: | Longford Resources Limited (ASX: LFR) (Longford or the Company) is pleased to announce that assays from the first two holes of the Company’s maiden drilling programme at the Keel Zinc Project (Keel) in Ireland have confirmed the presence of high grade Zinc (Zn) and Silver (Ag) mineralisation at shallow depths (see Table 1). The two diamond drill holes were completed as part of the first phase of a drilling programme designed to test the current Inferred Resource of 6.9Mt at 5.6% Zn and 0.8% Pb which was prepared following a review of historic data. An additional 10 holes are planned as part of the initial phase of drilling. Following the receipt of the initial assays, the second phase of drilling will be refined to test areas for additional resource tons within, and adjacent to the current Inferred Resource Mineralisation model. These extension resource targets are being developed with CSA Global assistance. This phase of drilling will be subject to exploration success with hole locations and targets to be refined as exploration data is captured and processed. The maiden drill programme is expected to continue for the next few months with a second drill rig brought to site to accelerate drilling. Longford interim CEO, Scott Mison, commented “Longford is pleased to announce the initial assay results from the Company’s maiden drilling programme at Keel. We are extremely excited by the confirmation of the presence of shallow, high grade Zinc and Silver mineralisation which reaffirms the potential to upgrade the current Inferred JORC resource at the project. The presence of significant silver mineralisation is also exciting as no historical drill hole silver assays have previously been recorded at the project. We look forward to reporting additional assays from the ongoing drilling programme shortly”. | |
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