The drill hole program was done at the high-grade Lagoa Salgada polymetallic volcanogenic massive sulfide project in Portugal.
Ascendant Resources (TSX:ASND) has announced results from the first drill hole, LS_MS_07, from its recently initiated 22 hole drill program at the high-grade Lagoa Salgada polymetallic volcanogenic massive sulfide project, located in the Iberian pyrite belt in Portugal; home to some of the world’s largest VMS mines.
As highlighted in the press release:
- LS_MS_07 represents the first step out hole of the new drill program, approximately 30 metres to the east of the Main Zone
- Intersected 107.9 metres of high-grade mineralization grading 10.25 percent zinc equivalent, approximately 30 metres longer than anticipated by previous intercepts
- New zone of high-grade chalcopyrite rich stringer mineralization of 9.9 metres grading 3.19 percent copper or 10.22 percent zinc equivalent intersected at depth post fault zone, supporting view of the fault displacement of the ore zone, Including 3.3m grading 8.22 percent copper or 24.68 percent zinc equivalent.
- Intersection of second massive sulphide zone of 7.6m grading 0.44 percent copper, 0.89 percent lead, 2.58 percent zinc, 0.29 g/t gold and 44.4 g/t silver (5.72 percent zinc equivalent), demonstrating additional massive sulphide at depth and west of a known fault.