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Orion Minerals Ltd.
Summary
| Project: | Prieska | |
|---|---|---|
| Deposit: | Prieska | |
| Location: | South Africa | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 9/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-9-2017: Orion Minerals Ltd. announces an Exploration/Drilling Update report for its Prieska deposit at the Prieska project. Drilling results incl. 15.92m @ 5.55% Zn, 0.95% Cu, 0.22g/t Au, 7.5g/t Ag from 117.59m. Orion Minerals NL (ASX: ORN) (Orion or th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Errol Smart (Internal) | |
| ABSTRACT: | Orion Minerals NL (ASX: ORN) (Orion or the Company) is pleased to announce that the first assay results from the underground drilling testing the +105 Level Target (Open Pit) at its Prieska Zinc-Copper (Prieska) Project in South Africa have returned high grade supergene mineralisation. In addition, further excellent results have been received from the surface drilling testing the Deep Sulphide Target, both validating and extending the historically modelled mineralisation. Underground drilling at Prieska is targeting mineralisation at the +105 Level Target (Open Pit). The program aims to infill and extend mineralisation drilled from surface in 2016 and 2017, utilising the newly re-established underground access (Figure 1). Assay results have confirmed the presence of high grade supergene mineralisation 160m along strike from mineralisation previously intersected from surface, consistent with Orion’s exploration model for the +105 Level Target. Drill hole OCOU073 intersected mineralisation over 9m from 50.00m to 59.00m with 1.18m core loss from 54.82m. Assays returned 3.00m at 5.65% Cu, 1.00% Zn, 0.34g/t Au and 17.0g/t Ag from 56m and 4.82m at 1.10%Cu, 0.63% Zn, 0.33g/t Au and 12.7g/t Ag from 50m. | |
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