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Gippsland Ltd. (ASX:GIP,FWB:GIX) and Stellar Resources Ltd. announced further drilling results below the Severn deposit at the Tasmanian Heemskirk Tin Project.
As quoted in the press release:
Assay results for diamond drill hole ZS107A show that potentially economic widths of ore grade tin mineralisation occur at depth well below the presently defined Severn deposit.
- ZS107A intersected 6m grading 1.1% tin from 531m down-hole including 1m grading 2.2% from 536m.
- Other significant intersections in the hole included 1m at 1.2% from 427m and 1m grading 0.9% from 550m.
- Acid soluble tin grades are negligible indicating that the tin bearing mineral is cassiterite, a positive for metallurgical processing.
- The 6m intersection occurs within the main Pyrrhotite/Pyrite zone identified by diamond drill holes ZS84 and ZS107.
- Assay results confirm the potential to upgrade the inferred resource at Severn with additional drilling.
Gippsland Ltd. CEO, Peter Blight said:
“This result continues the positive momentum generated by the drilling program in 2011. The results for ZS107A and ZS107 show that the Severn lode extends at depth in a well defined structure that has the potential to host ore grade mineralisation. Future diamond drilling will seek to better define this structure and add to the Heemskirk resource estimate.”
Click here to read the Gippsland Ltd. (ASX:GIP,FWB:GIX) press release
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