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Myanmar Metals Ltd.
Summary
| Project: | Bawdwin | |
|---|---|---|
| Deposit: | Yegon Ridge, Shan | |
| Location: | Myanmar | |
| Commodities: | Lead-Zinc-Silver-Copper-Cobalt-Nickel | |
| Date: | 2/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 6-2-2019: Myanmar Metals Ltd. announces an Exploration/Drilling Update report for its Yegon Ridge, Shan deposit at the Bawdwin project. Drilling results incl. 29m @ 6.62% Pb, 5.53% Zn, 167g/t Ag, 0.08% Cu, 166ppm Co, 295ppm Ni from 0m. John Lamb, Chairman | |
| Resources: | (Resource, I+I): 81.797Mt @ 4.8% Pb, 2.4% Zn, 0.24% Cu, 119ppm Ag | |
| CP/QP: | [Overall Report]: Andrew Ford (Internal) | |
| ABSTRACT: | John Lamb, Chairman and CEO said: “It is early days, but Yegon Deeps has potential to be another significant mineralised zone within the Bawdwin mineral province. We will assess the drilling results from BWDD021 and plan to investigate this exciting target further. In the meantime, exploration drilling in highly prospective ER Valley is underway. Ground conditions for drilling are challenging but our team is making good progress.” The results of the PDIP traverses have now been received and correlate very well with known mineralisation in the China, Shan and Meingtha Lodes. The China Lode resource block model correlates with a distinct chargeability high contained within the 10 mV/V chargeability inversion model shell (Figure 4). The response from the new Yegon Ridge Lode is subdued in the PDIP and reflects the near surface oxidation present. The new, very strong “Yegon Deeps” chargeability anomaly (>24mV/V) has been identified 250m below and separate from the recently discovered Yegon Ridge mineralisation and 200m west of the main China Lode. | |
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