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Tigray keeps hitting high grade copper in Ethiopia
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Wednesday, 08 Feb 2012
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Tigray Resources hit broader copper and polymetallic mineralization near a notable drilling result that it announced hitting late last year from its Terakimti prospect, part of its larger 70% owned Harvest project in Ethiopia.

Back in December 2011, Tigray highlighted as much as 74 meters 3.77 percent copper, 1.31 gram per tonne gold, 14 gram per tonne silver and 0.72% zinc starting about 57 meters downhole at Terakimti.

In its latest batch of drilling results, Tigray reports that it stepped out 40 meters from that intercept and cut 41 meters 3.24% copper, 1.19 gram per tonne gold, 25 gram per tonne silver and 1.19% zinc. That showed continued robust development in thickness and grade of primary and supergene mineralization in the southern gossan area.

The drilling results from the southern gossan area are part of a wider first phase drilling program through which Tigray aims to test Terakimti mineralization up to about 250 meters below surface.

Tigray hit the deepest mineralization yet at Terakimti in January with an intercept showing 15 meters 2.6% copper, 2.5 gram per tonne gold, 43 gram per tonne silver and 6.8% zinc. Tigray called it the first indication of significant zones of high grade VMS mineralization at depths below 150 meters vertical.

Meantime, Tigray, a company Canaco Resources spun out last year started drilling another VMS target Mayshehagne in Ethiopia a few kilometers away from Terakimti. The drill program is small, 900 meters over five drillholes and follows Tigray chip sampling that yielded anomalous copper, gold, silver and zinc mineralization at surface.

(Sourced from www.mineweb.com)

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