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Longford Resources Ltd.
Summary
| Project: | Keel | |
|---|---|---|
| Deposit: | Keel | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 12/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-12-2017: Longford Resources Ltd. announces an Exploration/Drilling Update report for its Keel deposit at the Keel project. Drilling results incl. 5m @ 11.9% Zn, 0.9% Pb, 59.7g/t Ag from 191m. Longford Resources Limited (ASX: LFR; “Longford” or “the Com | |
| 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 it has received final assay results for the last five holes (KD‐2017‐003, 004, 006, 007 and 013) completed during the Company’s inaugural drilling program at the Keel Zinc Project in Ireland (Figure 1). The 12‐hole diamond core drilling program was undertaken to improve the confidence in the Inferred Resource at the Project, which, in March 2017, was estimated to comprise 6.9Mt at 5.6% Zn and 0.8% Pb (see Appendix 1). Very few historic drill holes were assayed for silver previously (indeed, due to insufficient data, Longford’s current Inferred Resource for the Keel Project does not include silver mineralisation). Significantly however, recent assay results illustrate that substantial silver mineralisation is consistently associated with the high‐ grade zinc mineralisation at the Project. Accordingly it appears significant value could be derived from the silver mineralisation if the Keel Deposit is developed. The Keel Zinc Project comprises zones of structurally‐controlled high‐grade mineralisation within a more moderate‐grade mineralised envelope. The high‐grade mineralisation includesfracture fill/brecciated matrix zones and is not restricted to any particular rock type (as evident in Table 1). Considerable exploration upside remains at the Keel Zinc Project, with a 1.5 km‐long coincident gravity/surface geochemistry anomaly delineated immediately to the west‐southwest of the Keel Deposit during 2017 (see Figure 2). | |
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