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Longford Resources Ltd.
Summary
| Project: | Keel | |
|---|---|---|
| Deposit: | Keel | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 8/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-8-2017: Longford Resources Ltd. announces an Exploration/Drilling Update report for its Keel deposit at the Keel project. Drilling results incl. 80m @ 2.8% Zn, 0.3% Pb, 12g/t Ag from 102m. 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 assay results from the ongoing drill program at the Keel Zinc Project in Ireland (Keel) continue to demonstrate the high grade potential of Keel. Results from the next three holes in the program further demonstrate the presence of high grade zinc and silver mineralisation at shallow depths (see Table 1). The 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 6.4% Zn +% Pb (Appendix 1) which was prepared following a review of historic data. The team in country has made number of observations that will be used to refine the drill program. Most notable the Irish zinc mineralisation has proven to be both high grade and pure. The iron content of sphalerite (Figure 1) is low giving it honey gold colour and reporting high grade assays relative to the sulphide mineralization content. Longford interim CEO, Scott Mison, commented “Longford is pleased to announce the second round of assay results from the Company’s maiden drilling programme at Keel. We are extremely excited by the confirmation of shallow, high grade, massive sulphide mineralisation at shallow depths at Keel. These positive drilling results, in addition to the Zinc price being at a 10 year high, positions the project for significant value potential. Longford’s maiden drilling program at Keel is ongoing with a further 7 holes planned. The Company looks forward to reporting additional assay results from this program as they come to hand.” | |
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