Business
Drilling Update
Drilling Update.
About this update from Bezant Resources Plc
[{"type":"text","content":"\n Bezant Resources PLC\n19 December 2007\n\n Bezant Resources Plc\n ('Bezant' or the 'Company')\n \n Large Copper Gold Porphyry intersection at the Company's\n Mankayan Project in the Philippines\n\nHighlights:\n\n• Expansion of the known western extent of the copper and gold mineralisation.\n• Over 630m of copper and gold porphyry intersected to date at drill hole \n BRC-50.\n• Average Cu-equivalent values (CuEQ) of 0.52% over the entire 636m \n intersection.\n• Over 100m of high grade intersections with an average 0.85% CuEQ.\n\nBezant Resources Plc (AIM: BZT), the AIM listed exploration and development\ncompany with gold and copper assets in the Philippines and gold assets in \nTanzania, is pleased to announce the preliminary assay results for the first \ndiamond drill hole (BRC-50). This hole forms part of an ongoing 11,000m drilling \nprogram at the Mankayan property, with the project site situated 260km north of \nManila in the Philippines.\n\nBRC-50 is currently drilled to a depth of 981m and assay results have been \nreturned for a total of 636m of core for the interval 345m to 981m, with the \naverage assay results of the entire 636m of intersections as follows:\n\nCuEQ Cu (%) Au (g/t) Ag (g/t)\n0.52 0.357 0.316 0.855\n\nThe drill size of BRC-50 is currently being reduced to allow for deeper drilling \nin the order of 1,100m. There are currently two drill rigs operating at the \nMankayan property, with the second drill rig for hole BRC-51 situated on the \nsouthern extent of the deposit currently at a depth of 920m.\n\nThe results have provided significant further delineation of the known copper \nand gold mineralisation on the western side of the Mankayan porphyry. \nHighlighted intersections shown below, comprise of over 100m of composite \nintersections with average grades of 0.58% Cu; 0.5g/t Au; 1.55g/t Ag and a 0.85% \naverage CuEQ*.\n\nHighlighted Intersections\n\nFrom To CuEQ Cu% Au g/t Ag g/t Interval (m)\n372 375 0.80 0.53 0.49 0.80 3\n381 384 0.83 0.58 0.45 1.00 3\n468 471 0.72 0.46 0.48 1.20 3\n480 483 0.75 0.45 0.54 1.30 3\n492 495 0.73 0.53 0.37 1.10 3\n531 534 0.71 0.52 0.34 1.60 3\n558 561 0.72 0.50 0.39 1.40 3\n582 588 1.03 0.56 0.87 2.68 6\n591 597 0.80 0.55 0.46 1.55 6\n609 612 0.92 0.66 0.48 1.20 3\n639 642 0.82 0.54 0.51 1.10 3\n648 654 1.09 0.69 0.73 2.40 6\n657 660 0.93 0.60 0.60 2.40 3\n6...