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Silver City Minerals Ltd.
Summary
| Project: | Broken Hill | |
|---|---|---|
| Deposit: | Copper Blow | |
| Location: | Australia | |
| Commodities: | Copper-Gold-Cobalt | |
| Date: | 10/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-10-2017: Silver City Minerals Ltd. announces an Exploration/Drilling Update report for its Copper Blow deposit at the Broken Hill project. Drilling results incl. 7m @ 3.7% Cu, 1.07g/t Au, 134ppm Co. Silver City Minerals Limited (ASX: SCI) (“Silver City | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Torrey (Internal) | |
| ABSTRACT: | Silver City Minerals Limited (ASX: SCI) (“Silver City” or “the Company”) is pleased to announce that it has received analytical results for six reverse circulation (RC) drill holes (17CB042, 45-49) from its recent drilling program at Copper Blow located approximately 20 kilometres south of Broken Hill in NSW (Table 1; Figure 1). It has also received results from the lower part of diamond holes 17CB042 and 43, and a reassay of historic hole DDHCB06 (Table 2). Analyses are still pending for diamond hole 17CB044 and two RC holes 17CB050-51. Results from these recent holes augment high grade results returned from the first two Silver City drill holes completed at Copper Blow which returned (ASX Releases 26 September and 6 October 2017). In addition, to SCI drilling, the Company re-evaluated old drill core from historic programs at the government core library in Broken Hill. One hole (DDHCB06) was chosen for re-assay in order to verify and compare analytical results. The results for DDHCB06 show comparable recent and historical analyses and confirm the high grades encountered (Table 2). Both styles of mineralisation occur within a major northeast-trending shear zone where strong hydrothermal alteration, predominantly in the form of potassium mica (biotite) and magnetite (a magnetic iron oxide). The width of this zone is 100 to 200 metres. | |
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