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Ivernia Intersects New High-Grade Zinc-Lead-Silver Zone

Investing News Network
Jan. 20, 2011 10:56AM PST
Base Metals Investing

Invernia (TSE:IVW) announced the drilling results from its’ project at Prairie Downs Base Metal Project in Western Australia.

Invernia (TSX:IVW) announced the drilling results from its’  project at Prairie Downs Base Metal Project in Western Australia.

The press release is quoted as saying:

Phase One intersected a new high-grade mineralized zone, at the Wolf prospect, where hole PDP379 returned 11.1% zinc (“Zn”), 8.0% lead (“Pb”) and 73 grams of silver per tonne (“g/t Ag”) over 8 meters (“m”) within a broad low-grade Zn halo.

Bruce Hooper, Vice President of Corporate Development and Exploration for Ivernia, said:

“We are very encouraged by the discovery of high-grade polymetallic mineralization in our first drill program at Prairie Downs. Although likely part of the same large mineralized system, the Wolf prospect is distinct from the Prairie Deposit in terms of grade, style of mineralization and alteration. We look forward to our next phase of drilling at Prairie Downs to continue to test this and other targets in the coming months.”

To access the full release, click here.

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