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Orion Minerals Ltd.
Summary
| Project: | Prieska | |
|---|---|---|
| Deposit: | Prieska | |
| Location: | South Africa | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: Orion Minerals Ltd. announces an Exploration/Drilling Update report for its Prieska deposit at the Prieska project. Drilling results incl. 26.8m @ 2.38% Zn, 1.22% Cu, 0.23g/t Au, 9.29g/t Ag from 1072.20m. Orion Minerals NL (ASX/JSE: ORN) (Orion | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Errol Smart (Internal) | |
| ABSTRACT: | Orion Minerals NL (ASX/JSE: ORN) (Orion or Company) is pleased to announce that assay results received confirm significant Zn and Cu mineralisation over the wide sulphide intersection returned in drill hole OCOD066_1 reported in ASX release dated 9 October 2017. This first deflection hole intersected a 26.8m zone of sulphide mineralisation 90m up dip of the mother hole OCOD066 and to the northwest of the main Deep Sulphide Target at the Prieska Zinc–Copper (Prieska) Project in South Africa. The intersection was drilled within a target generated from recent electromagnetic (EM) surveys, and lies 100m outside of the historically modelled, wide (>2m width) massive sulphide lens. This wide Zn and Cu intersection, which is located 100m beyond the limits of significant historic drill intercepts, confirms the potential to add substantial tonnages to the Deep Sulphide Target. Assay results have been received for hole OCOD066_D1. The hole was drilled with the objective of validating a down hole EM anomaly detected during a survey carried out in hole OCOD066 (Figures 1 and 2). Hole OCOD066_D1 intersected 26.8m of massive and semi massive sulphides within the anomaly where historic modelling had suggested the Deep Sulphide mineralisation to be pinching out and less than 2m thick. | |
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