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The Report (also available on Pambili’s website) was prepared by
As stated in the report, three parallel ore zones were modelled: the Main zone is believed to reflect the underground workings, and approximately 40m to the south of this is the Zulu reef. A continuous although low-grade reef 30m south of the Zulu is also modelled.
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Plan view of the modelled reefs.
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Long Sections of the 3 Reef zones, showing the
Using the intercepts above, a first part resource estimation based on the weighted average grades (based on the widths) it is reasonable to infer a mineral resource of 20,000 ounces in the ground.
VOL | TONNES | AV WIDTH | OUNCES | ||
MAIN | 62,224 | 168,005 | 2.77 | 2.43 | 14,962 |
ZULU | 27,478 | 74,191 | 1.57 | 1.6 | 3,745 |
SOUTH | 21,707 | 58,609 | 0.69 | 1.43 | 1,300 |
TOTAL | 111,409 | 300,804 | 2.07 | 2.03 | 20,007 |
First Pass Resource figures based on average intercepts.
The Report sets out recommendations for a second-phase drilling program, including the completion of an underground survey of historic workings, to better define the extent of the mineralized zone. Our QP has also recommended an additional RC drilling program across the full strike of the claim, augmented by some diamond drilling to confirm depth extension of the mineralization. Location of the proposed of hole collars is also set out in the Report.
Pambili Chief Executive Officer (CEO)
About
For further information, contact:
T: 403 277 4421
E:jon.harris@pambilinrc.com
Neither
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