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Runruno - Drill Results
Runruno - Drill Results.
About this update from Metals Exploration Plc
[{"type":"text","content":"\n Metals Exploration PLC\n12 June 2006\n\n\n METALS EXPLORATION PLC\n\nDRILL HOLE ASSAY RESULTS CONTINUES TO EXPAND THE RESOURCE POTENTIAL - RUNRUNO PROJECT\n\n12 June 2006\n\nThe Board of Metals Exploration PLC ('the Company') is pleased to announce that\nresults have been received and compiled for drill holes MXD15 to MXD25 of the\ncurrent diamond drilling programme being undertaken at its Runruno Project.\n\nRUNRUNO - DRILL RESULTS\n\nThe Company continues to receive encouraging results from the drilling programme\nat Runruno. The table below summarises the key results returned to date from the\nCompany's drilling program:\n\n Drill-hole Collar Coordinates Intercept (metres) Au Mo\n 2\n Number 1 mE mN From to Width g/t %\n MXD16 21014 14944 74 77 3 2.10 0.003\n 85 87 2 11.25 0.059\n total combined intercept 3 5 5.76 0.025\n MXD17 21174 14898 79 83 4 3.91 0.523\n 98 104 6 1.05 0.064\n 136 138 2 1.03 0.006\n total combined intercept 3 12 2.00 0.207\n MXD20 21075 14771 80.25 86 5.75 3.04 0.313\n MXD21 21131 15352 67 69 2 1.70 0.019\n MXD22 20996 14695 59.7 62 2.3 2.90 0.113\n MXD23 21177 14634 0 3 3 1.57 0.040\n 48 68 20 1.41 0.037\n 157 165 8 5.92 0.054\n total combined intercept 3 31 2.59 0.042\n MXD25 4 21273 14799 58 60 2 3.33 0.059\n 71 78 7 2.27 0.106\n total combined intercept 3 9 2.51 0.096\n\n Notes:\n\n1. Drillholes prefixed with MXD have been drilled by MetalsEx since November\n2005 and consist of diamond drill core with a minimum core diameter size of HQ3\n(61mm).\n\n2. Collar Coordinates are the coordinates of the collar of the drillholes.\nThe drillholes are inclined -60degrees from horizontal, excepting MXD22,23 (-70\ndegrees) and MXD25 (-58degrees), and orientated towards a grid azimuth of 100\ndegrees (easterly). Each drillhole is planned to intercept the mineralisation at\n90 thus mineralisation 'interception' widths are close to actual or 'true'\nwidths. In general the drillholes are drilled on a grid spacing of 100 metres\napart.\n\n3. Reporting of the above composited intercepts was determined by applying\nan upper and lower boundary defined by a low grade cut-off of 0.7g/t Au. Some\ncomposited intercepts include single metre, internal intercept grades of less\nthan 0.7g/t Au. Isolated single metre intercepts are not reported unless\nconsidered to be significant. No high grade cut-off has been applied to th...