A wholly owned Australian subsidiary of Tri Origin Exploration (TSE) has intersected a sulphide zone 600 metres south of the main deposit at the Lewis Ponds project in New South Wales.
Holes 23, 25 and 26 intersected disseminated and massive sulphide mineralization over core intervals of 6, 18 and 2.5 metres, respectively, while Hole 24 intersected 18 metres of copper veinlets forming “stringer” mineralization.
Hole 23 averaged 0.48% copper, 2.07% lead, 6.07% zinc, 83 grams silver and 0.66 grams gold per tonne over 1 metre at a depth of 250 metres below the surface. Hole 24 intersected 1.15% copper, 0.10% lead, 0.16% zinc, 37 grams silver and 0.10 grams gold per tonne over 7 metres at 390 metres below the surface. Hole 26 had four separate intersections ranging between 0.19% and 0.30% copper, 0.87-2.06% lead, 2-4.8% zinc, 25-57 grams silver and 0.33-0.56 grams gold per tonne over 1-4 metres. Finally, Hole 25 intersected a 3-metre section of massive pyrite with no significant values.
Management, while acknowledging the intersections are uneconomic, says the results represent the edge of a new polymetallic sulphide deposit. Further drilling is planned.
Currently, two rigs are drilling four deep holes below the main deposit.
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