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Longford Resources Ltd.
Summary
| Project: | Keel | |
|---|---|---|
| Deposit: | Keel | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 9/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-9-2017: Longford Resources Ltd. announces an Exploration/Drilling Update report for its Keel deposit at the Keel project. Drilling results incl. 6.8m @ 11.4% Zn, 0.3% Pb, 40.7g/t Ag from 141.2m. Longford Resources (ASX: LRF) (“Longford” or “Company”) i | |
| Resources: | (Resource, Inf.): 6.9Mt @ 5.6% Zn, 0.8% Pb at Keel | |
| CP/QP: | [Overall Report]: Charles Guy (Internal) | |
| ABSTRACT: | Longford Resources (ASX: LRF) (“Longford” or “Company”) is pleased to announce more highly promising zinc and silver assay results from the ongoing diamond drill program at its Keel Zinc Project in Ireland (“Keel”). The first phase drill program is expected to be completed during the first week in October with a resource update expected during Q4 2017. Longford is also highly encouraged by the positive results from the first trial of a new geochemical survey (Ionic Leach) at Keel. The Ionic leach results, when combined with the recently complied historical soil samples, highlight the potential to extend the known high-grade zinc mineralisation at Keel by up to 1.5km along strike. The geochemical survey was undertaken as part of Longford’s ongoing exploration campaign, which is aimed at confirming and growing the current Resource of 6.9 million tonnes at 5.6 per cent zinc and 0.8 per cent lead. “The most successful explorer in Ireland’s history was Paddy Hughes in the 1960s,” Longford Interim Chief Executive Scott Mison said. “He successfully used exploration methods developed in Canada to demonstrate Ireland’s vast zinc deposits. His largest discovery, Nava, became Europe’s largest zinc mine. “Longford is now looking to replicate Hughes’, strategy based on applying the best exploration techniques to define world-class zinc deposits in the ‘Irish Midland Zinc Orefield’.” The gravity and combined soil data indicates that the T1 target (Figure 1) (ASX release dated 25 July 2017) along strike from the existing known mineralisation has a similar geochemical signature to that already defined. Longford will use the Ionic Leach soils to explore the remaining 10km of the poorly-tested Keel Fault system currently held by the Company. | |
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