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Hana Mining Drill Results Confirm Mineralization At Banana Zone
Hana Mining Ltd. (TSXV:HMG) completed six infill and down-dip extensional diamond drill holes at the Banana Zone, at the Ghanzi sediment hosted Copper-Silver Project in Botswana; the dril results confirmed mineralization in the area.
Hana Mining Ltd. (TSXV:HMG) completed six infill and down-dip extensional diamond drill holes at the Banana Zone, at the Ghanzi sediment hosted Copper-Silver Project in Botswana; the dril results confirmed mineralization in the area.
As quoted in the press release:
The latest results demonstrate that the Banana Zone (NEF) contains areas which host high-grade copper-silver mineralization.
- Core length intercepts of:
- 3.63% CuEq(1) (3.12% Cu and 35.0 g/t Ag) over 5.8 metres within a wider mineralized interval of 1.81% CuEq(1) (1.58% Cu and 16.0 g/t Ag) over 14.3. metres in hole HA-526-D,
- 1.50% CuEq(1) (1.31% Cu and 13.0 g/t Ag) over 15.2 metres within a wider mineralized interval of 1.10% CuEq(1) (0.97% Cu and 9.0 g/t Ag) over 24.2 metres in hole HA-529-D,
- 3.21% CuEq(1) (2.44% Cu and 53.0 g/t Ag) over 5.4 metres within a wider mineralized interval of 1.77% CuEq(1) (1.39% Cu and 26.0 g/t Ag) over 11.6 metres in hole HA-527-D.
Hana Mining’s CEO and Chairman, Marek Kreczmer, commented:
The latest drilling results from NEF compare favorably to previous drilling results in this area and to the grades in our latest resource estimate which was released on May 14, 2012. We now have drills at the Banana Zone (NEF), Zone 5 and Zone 6 which I expect will continue to add more high-grade material to our resource base.
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