Myanmar Metals: Drilling Shows Continuity Between Lodes at Bawdwin JV

- November 29th, 2018

The company said that new assays received from holes drilled, targeting the faulted zone between the China and Meingtha lodes, eastern China lode and southern Shan lode continue to extend mineralization outside of the resource model and refine the model’s internal geometry.

Myanmar Metals (ASX:MYL) has announced that the Bawdwin Joint Venture in Myanmar has received further assay results from the ongoing drill program which began in August 2018.

The company said that new assays received from holes drilled, targeting the faulted zone between the China and Meingtha lodes, eastern China lode and southern Shan lode continue to extend mineralization outside of the resource model and refine the model’s internal geometry.

As highlighted in the press release:

  • Recent drilling results have identified high grade mineralization in the faulted zone between the China and Meingtha lodes: an area previously treated as waste in the Bawdwin resource model.
  • These results could significantly enhance the Bawdwin resource estimates, due to be updated in early 2019, and underpin expansions of the China pit.
  • Significant assay results from the faulted zone include:
    • BWRC045 intersected 45m at 6.7 percent lead, 5.6 percent zinc and 133 grams per tonne (g/t) silver.
    • BWRC041 intersected 16m at 5.0 percent lead, 1.2 percent zinc, 113g/t silver and 1,459ppm Co from 144m, including 3m at 18.6 percent lead, 4.4 percent zinc and 465g/t silver, 1.4 percent copper, 6,847ppm cobalt and 1.6 percent nickel
    • BWRC038 intersected 25m at 4.3 percent lead, 3.6 percent zinc and 113g/t silver.
  • In-fill drilling of the China foot wall lode and the Shan lode were also successful in defining additional high-grade mineralization, some of which is outside the current resource model. Significant assay results include:
    • BWRC037, drilled to test the edge of the resource model, intersected 50m at 6.4 percent lead, 0.9 percent zinc and 114g/t silver.
    • BWRC043 intersected a new high-grade footwall lode of 7m at 12.4 percent lead, 3.2 percent zinc and 141g/t silver.
  • Chargeability image from geophysical survey shows robust anomalies further west from where the recent western hanging wall lode was discovered.

Click here to read the full Myanmar Metals (ASX:MYL) press release.

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