Announced that exploration program discovered disseminated and stringer veined base metal sulphides in drill hole SWD002, which returned a long low grade intersection of 98 m at 0.31% zinc equivalent (0.01 g/t Au, 1.5 g/t Ag, 36 ppm Cu, 1010 ppm Pb and 1368 ppm Zn) from 79.7 m, indicating close proximity to the main massive sulphide mineralised system.
May 7, 2008
Announced completion of a 2,900 m drilling program at Wart Hill deposit. Assay results include 17.6% zinc equivalent in hole WD018, grading 9.48% zinc + 3.46% lead + 131.9g/t silver + 0.3g/t gold, over 1.4m from 31.2m downhole. Narrow intervals to 11.3% and 8.4% zinc equivalent were cut in hole WD019. An 88m zone of disseminated and stringer veined base metal sulphides was located in drill hole SWD002, reflecting low grade zinc – lead mineralisation.