The Conversation (0)
Gippsland Limited (ASX:GIP,FWB:GIX) reported on Stellar Resources Ltd (ASX:SRZ) announcement which provides details regarding additional diamond exploration drilling at the Tasmanian Heemskirk tin project.
As quoted in the press release:
Highlights of the completed drilling include:
ZS107 intersected the ZS84 tin bearing pyrrhotite/pyrite zone at 547m downhole over a thickness of 20m.
Tenor of tin mineralisation in ZS107 was lower than that encountered in ZS84 suggesting that the deep, northeast margin of the tin mineralisation has been intersected.
ZS107A tested the target zone 20m above ZS107 and intersected a more intense mineralisation. Assay results are pending.
Geological interpretation indicates that higher grades are most likely to extend at depth in a southwesterly direction.
Inferred resource at Heemskirk remains unchanged. Potential is upgraded.
The next stage of drilling will test below Severn with potential to double the size of the resource.The Directors are most encouraged by the ongoing drilling which has the potential to upgrade the JORC Mineral Resources at the Heemskirk Tin Project.
Click here to read the Gippsland (ASX:GIP,FWB:GIX) press release.
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