Hana Mining Ltd announce drilling results from the completion of six infill diamond drill holes at Zone 5 at its Ghanzi sediment hosted Copper-Silver Project in Botswana.
Infill and down dip drilling was carried out at Zone 5 (between sections 124450 to 125050; Figures 1 and 2) to convert a substantial amount of the NI 43-101 compliant resources within this zone into the Indicated category from the Inferred category and to extend current Inferred resources down dip.
These results are from new holes and are in addition to those used in the most recent NI 43-101 compliant Inferred mineral resource calculation (see Table 1 at the end of this press release for the results from all six drill holes). The mineralization remains open at depth and along strike.
Highlights of recent drilling results:
1. The latest results continue to confirm the continuity of high-grade copper-silver mineralization at Zone 5.
2. Core lengths intercepts of
I. 13.46% CuEq (1) (12.20% Cu and 86.4 g/t Ag) over 0.3 metres within a wider mineralized interval of 1.79% CuEq (1) (1.60% Cu and 13.0 gram per tonne Ag) over 12.1 metres in hole HA-545-D,
II. 12.82% CuEq (1) (11.30% Cu and 104.0 g/t Ag) over 0.3 metres within a wider mineralized interval of 1.23% CuEq (1) (1.11% Cu and 8.0 gram per tonne Ag) over 27.6 metres in hole HA-547-D,
III. 1.62% CuEq (1) (1.46% Cu and 11.0 g/t Ag) over 11.2 metres in hole HA-543-D, 1.50% CuEq (1) (1.35% Cu and 10.0 g/t Ag) over 10.1 metres in hole HA-542-D.
Mr Marek Kreczmer Hana Mining CEO and Chairman said "This first set of drilling results from Zone 5 clearly demonstrates that this Zone hosts high- grade copper-silver mineralization over significant widths. Not only is the mineralization consistent along strike, but it also shows consistency in widths and grades at depth. Of all the Zones at the Ghanzi Project, I believe that Zone 5 has the best potential to host a underground mining operation. I look forward to seeing more high-grade drilling results from Zone 5."
Source - Hana Mining Ltd
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