For thousands of other reports visit RSC's Mineral Intellingence Map
Tethyan Resources Plc
Summary
| Project: | Kizevak | |
|---|---|---|
| Deposit: | Kizevak | |
| Location: | Serbia | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 9/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-9-2018: Tethyan Resources Plc announces an Exploration/Drilling Update report for its Kizevak deposit at the Kizevak project. Drilling results incl. 12m @ 22.03% Zn, 10.29% Pb, 167g/t Ag, 0.18g/t Au from 130m. September 4, 2018 - Jersey, UK –Tethyan Res | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Tunningley (Internal) | |
| ABSTRACT: | September 4, 2018 - Jersey, UK –Tethyan Resources plc (TSXV: TETH) (“Tethyan” or the “Company”) is pleased to announce results from its initial diamond drill programme at the Kizevak zinclead-silver project in Southwest Serbia. Tethyan drilled four holes for a total of 957.3 metres, targeting an area of anomalous zinc, lead and silver in soil located 1 km southeast of an historic past producing open pit mine (Figure 1). All assays have now been received and drilling has returned broad zones of polymetallic vein and breccia type mineralisation in all holes, with highlights including Holes were drilled on two sections 80 m apart with a spacing of 40 m between the holes. All holes intercepted significant mineralisation between 85 and 190 m below surface, and mineralisation remains open in all directions (Figures 2 and 3). Collar details are given in Table 1 and significant intercepts, including estimated true width intervals, are given in Table 2. Fabian Baker, President and CEO of Tethyan commented “We are delighted with the results of our first drill programme at Kizevak, which returned some exceptional grades over substantial widths. These first results are particularly encouraging as they are from only a small part of the large zinc, lead, silver, gold soil anomaly. We are immediately planning to commence induced polarisation and ground magnetic geophysical programmes as well as trenching to refine drill targets in advance of a second drill programme later this year.” Tethyan has already constructed and permitted seven additional drill pads at Kizevak to test over a total of 200 metres along strike from the recently completed holes. Tethyan is also preparing to submit samples from drill core for preliminary metallurgical test work to understand baseline zinc, lead and silver recoveries to concentrates, as well as gold deportment. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report