The Conversation (0)
Hana Mining Ltd. (TSXV:HMG) announced positive infill drill results from Zone 5 at the Ghanzi sediment copper-silver project in Botswana, confirming the high-grade copper and silver mineralization of the area and expanding the mineralization zone by a depth of 55 metres.
Hana Mining Ltd. (TSXV:HMG) announced positive infill drill results from Zone 5 at the Ghanzi sediment copper-silver project in Botswana, confirming the high-grade copper and silver mineralization of the area and expanding the mineralization zone by a depth of 55 metres.
As quoted in the press release:
The infill drilling program at the Zone 5 area continues to produce successful results supporting high-grade copper-silver mineralization at mineable widths. Results from mineralization intersected 55 metres below current pit limits supports ongoing investigations that Zone 5 has potential for underground mining.
Drilling has now reached mineralization at a maximum vertical depth of 305 metres from surface and shows a continuous, high-grade true thickness averaging 10 metres. The results from the infill drilling will be used to increase confidence in the resource estimate from Inferred to Indicated.
Hana Mining’s CEO and Chairman, Marek Kreczmer, commented:
The drill success continues to support confidence in the continuity and mineability of high grade copper mineralization at Zone 5. As well, we are pleased that the exploration drilling below the current modeled view of the deposit has intercepted what could be a continuation of this same strong mineralization. The results support our view that the deposit could be suitable for underground mining. With further successful results like these, the overall resource size and head grade could increase, which would improve the economics of the PEA Study.
Click here to read the full press release.
