– Hole HWDD08 completed at a depth of 1,509.9 m, samples being prepared for testing.
– Test results are expected soon for HWDD01 and HWDD02 (Horse Fountain)
– Test (filler) results expected soon for PSDDH01 (Pernatty C)
– 474 samples were sent for testing for HWDD07
Following a 3 week delay due to flooding and subsequent inability to access the drilling rig; hole HWDD08 was completed to a depth of 1,509.9 m and samples were prepared for testing. Assay results for HWDD01 and HWDD02 (Horse Well) are expected shortly, along with infill assay results for PSDDH01 (Pernatty C), where the Company follows up on the anomalous zinc, lead and silver results reported in its ASX release on
HWDD07 TECHNICAL REPORT INTRODUCTION
HWDD07 was drilled at the Horse Well prospect during that period
The identification of the Blue Bush fault as a structure of interest occurred during the mapping of strip logs from previous drilling. Holes HWDD04, HWDD05 and HWDD05W1 have generated interest due to broad zones of copper mineralization, generally in the form of quartz-magnetite-chalcopyrite-pyrite veins. Significant fault features were found in each of the holes. Although the fault presentation is quite different from hole to hole, it was assumed that the faults are the same fault based on a fairly unique orientation to the fault and that fault features > 30 cm at Horse Well tend to be rare and thus tie up. to the ubiquitous structures. Although 3 intersection points were identified, a variety of possible orientations remained consistent with the data. The intersection of the Blue Bush fault at the approximate predicted location is a strong indication that the fault actually exists and will allow future more aggressive step-out drilling.
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