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Drilling Report Second hole of 2005 programme a...
Drilling Report Second hole of 2005 programme a....
About this update from Anglesey Mining Plc
[{"type":"text","content":"\n \nDrilling Report\n\n · Encouraging Results from Second Drill Hole of 2005 Programme at Parys\n Mountain\n · Three Target Zones Successfully Intersected\n · New Fourth Mineralized Intercept\n\nAnglesey Mining plc reports that it has received and analyzed the assay results\nfrom hole AMC16, the second hole drilled as part of the 2005 exploration\nprogramme on the company's Parys Mountain zinc-copper-lead-silver-gold project\non the Island of Anglesey in North Wales.\n\nAMC16 was drilled to a depth of 640 meters and was intensely altered throughout\nmost of its depth. The hole successfully intersected the three target horizons\nand an additional, hitherto unrecognised, mineralized interval. The hole was\nsited approximately 175 meters west of hole AMC15, drilled earlier in the year,\nalong the northern edge of the Parys Mountain volcanic complex.\n\n\"The pervasiveness of structural alteration encountered in Hole AMC-16, which is\nnot seen elsewhere on the property, the continuity of the three target\nmineralized horizons, and the associated sulphide mineralization between these\nthree mineralized horizons, together with the nature of the sulphide\nmineralization are all considered extremely encouraging and, from a geological\nperspective, make Hole AMC 16 perhaps one of the most significant holes ever\ndrilled in the long history of Parys Mountain\" said Peter Tyler, Anglesey's\nChief Geologist.\n\nCopper Mineralization over 45.5 meters\n\nAt a depth of 283 meters, within the Carreg-y-Doll horizon, hole AMC16\nintersected 45.5 meters of continuous copper mineralization, with associated\nweak lead and zinc mineralization, between 283m. and 329m. Within this zone\ncopper values over 3m sections ranged from 1.64% to 0.24%, the highest 3m\nsection averaging 1.64% copper, 0.07% lead and 0.08% zinc.\n\nNorth Central and Engine zones intersected\n\nAt a depth of 352 meters hole AMC16 intersected the North Central Zone horizon\nwith `reworked', fragmentary massive sulphide mineralization averaging 0.81%\ncopper, 0.23% lead and 0.60% zinc over 1.5 meters, whilst at a depth of 529\nmeters a narrow zone of 0.35 meters averaging 14.18% combined base metals (2.19%\ncopper, 4.18% lead and 7.81% zinc) indicated the presence of the Engine Zone\nhorizon.\n\nOf particular interest in hole AMC-16 was the discovery, between the target\nhorizons, ...