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Pursuit Minerals Ltd.
Summary
| Project: | Bluebush | |
|---|---|---|
| Deposit: | Bluebush | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 10/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-10-2017: Pursuit Minerals Ltd. announces an Exploration/Drilling Update report for its Bluebush deposit at the Bluebush project. Drilling results incl. 11m @ 0.43% Zn, 0.24% Pb from 224m. Pursuit Minerals Limited (ASX: PUR) (Pursuit or the Company) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeremy Read (Internal) | |
| ABSTRACT: | Pursuit Minerals Limited (ASX: PUR) (Pursuit or the Company) is pleased to announce the geochemical results from the fifth and final hole of the drilling program recently concluded on the Bluebush Zinc Project, north-west Queensland (Figure One). Zinc and lead mineralisation was intersected in both the PSM and ITSS geological units in drill hole BB05-17. The PSM unit was also mineralised in drill holes BB03-17 and BB04-17. The ITSS geological unit, which occurs below the two main mineralised geological units (PC and PSM geological units) at Bluebush, was also mineralised. This is unusual as the ITSS does not normally include broad intervals of zinc mineralisation. Pursuit Minerals Managing Director Jeremy Read said that the results from drill hole BB05-17 provide further encouragement to focus follow up drilling in the area between, and in close proximity to, drill holes BB03-17, BB04-17 and BB05-17. “We have intersected zinc and lead mineralisation in all three holes drilled in the north-west quadrant of the Bluebush Project,” Mr Read said. “Drill hole BB03-17 is the best hole drilled on the entire project, hole BB04-17 intersected the fault zone mineralisation suggesting that high-grade zinc mineralisation occurs in the close vicinity and now we have intersected re-mobilised zinc and lead mineralisation in hole BB05- 17. | |
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