Recent target generation efforts, enhanced by a new airborne electromagnetic survey (VTEM), have defined several previously untested zinc plays for proof of concept drill tests. Standouts from this work include three strong, stratiform conductors in areas where McArthur River equivalent zinc stratigraphy is interpreted below just 50 to 200 metres of younger sedimentary cover.
Conductor 1 (C1) is flat lying, measuring 5 kilometres by 6 kilometres and located under about 120 metres of cover.
Conductor 2 (C2) is 5 kilometres long, dips about 30 degrees to the northwest and is located under 100 to 200 metres of cover.
Conductor 8 (C8) is the westward extension of Conductor 2 and continues for about 12 kilometres under less than 50 metres of cover.
Each of the three targets will be tested for their zinc potential with a separate percussion/diamond core hole drilled to a depth of about 600 metres. A suitable rig is being mobilized to site for start-up early next week. An update will be reported upon completion of the program.
