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Drilling Report . - Continuing Success with nea...
Drilling Report . - Continuing Success with nea....
About this update from Anglesey Mining Plc
[{"type":"text","content":"\n \nAnglesey Mining plc\n\n15 November 2006 LSE: AYM\n\nContinuing success with near surface drilling at Parys Mountain\n\n · Eight holes now completed on White Rock Zone\n Zone continuous between surface and 280 metre level\n · Four holes completed on the Upper Engine Zone\n Mineralization continues for 150 metres above 280 metre level\n · Early underground access and mining planned from these areas\n · A new third zone of mineralization identified\n\nAnglesey Mining plc is pleased to report that twelve holes have now been completed\nin the 2006 drilling programme adjacent to the Morris Shaft at its Parys Mountain\nproject in North Wales, eight on the White Rock Zone and four on the Upper Engine\nZone. The White Rock drilling confirms continuation of the White Rock Zone\nthrough to surface, with one intersection of over 68 metres. The drilling of the\nUpper Engine Zone has demonstrated mineralization to 150 metres above the 280\nmetre level including base metal intersections of 11.3% and 16.1%. A new third\nzone of mineralization has been identified within the Penymynydd Fault Zone which\nseparates the White Rock and Engine Zones including a narrow intersection of over\n40% base metal.\n\n\"These latest results and the subsequent interpretation of the geology of the\nrelevant zones confirm our confidence in the ability for Parys Mountain Mine to\nbecome a significant producer in a short time frame. This recent drilling on\nWhite Rock and the Upper Engine Zone represents a change of emphasis from prior\ndrilling which demonstrated the long term potential of the property\" said Bill\nHooley, Executive Director of Anglesey Mining. \"With these latest results to\nhand, we are now able to move into the next phase of the project which will\ninvolve detailed mine access and stope planning ahead of the commencement of\nunderground mining from these relatively shallow zones.\"\n\nAssay results have now been returned for nine holes. Two holes (WD6 & CZ12) were\nlocated on the fringes of the ore-bodies and were not sent for assay. Assay\nresults are still awaited from one hole (CZ13). Drilling currently continues on\none further hole (WD9) in the White Rock Zone.\n\nThe principal assay results obtained from holes not previously reported are as\nfollows:\n\n Width Cu Pb Zn Ag Au\n (m) (%) (%) (%) (ppm) (ppm)\n White Rock Zone\nWD5 2.7...