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Pursuit Minerals Ltd.
Summary
| Project: | Paperbark | |
|---|---|---|
| Deposit: | Grunter North, Stonemouse | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 12/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-12-2017: Pursuit Minerals Ltd. announces an Exploration/Drilling Update report for its Grunter North, Stonemouse deposit at the Paperbark project. Drilling results incl. 3m @ 0.90% Zn, 0.14% Pb from 150m. Pursuit Minerals Limited (ASX: PUR) (Pursuit or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jeremy Read (Internal) | |
| ABSTRACT: | Pursuit Minerals Limited (ASX: PUR) (Pursuit or the Company) is pleased to announce assay results have been obtained from drill holes PB02-17 and PB04-17 on the Paperbark Project, northwestern Queensland, completing the 2017 drill program. Drill hole PB02-17 was drilled at the Grunter North Prospect and drill hole PB04-17 was drilled at the Stonemouse Prospect. Pursuit Minerals Managing Director Jeremy Read said overall the drilling program on the Bluebush and Paperbark Projects in 2017 delivered some very encouraging results which would be followed up with further drilling next year. “The results we obtained from the Bluebush Project have given us a real focus for drilling in 2018, on a well-defined area where the grade of zinc is substantially higher than the widespread zinc mineralisation across the Bluebush sub-basin, and we are currently working up targets to test in 2018 with the objective of determining if a world-class zinc deposit occurs in this part of the Bluebush Project,” Mr Read said. “At Paperbark we have made an exciting new zinc discovery at the JE Zone Prospect, which will be followed up with more drilling next year, while further drill testing of surface copper anomalies is required at Grunter North. | |
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