NGEx Minerals Ltd. announced additional drill results from its 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan province. Assay results from four of the remaining twelve drill holes are presented below.
By Panorama Minero
Highlights:
Drillhole DPDH036 intersected:
-
57.00m at 2.23% copper equivalent ("CuEq") from 467.00m, plus:
-
10.10m at 5.84% CuEq from 671.00m, plus:
-
77.10m at 1.94% CuEq from 788.90m
Drillhole DPDH037 intersected:
-
17.10m at 5.80% CuEq from 521.40m, including:
-
3.0m at 15.30% CuEq from 521.40m, plus:
-
87.80m at 2.75% CuEq from 731.50m
Drillhole DPDH038 intersected:
-
42.40m at 6.14% CuEq from 146.00m, including:
-
16.35m at 12.97% CuEq from 166.90m, including:
-
6.40m at 23.93% CuEq from 172.00m, plus:
-
29.10m at 4.79% CuEq from 552.90m, plus**:**
-
6.60m at 11.87% CuEq from 620.00m
Drillhole DPDH039 intersected:
-
108.35m at 2.73% CuEq from 499.00m, including:
-
10.65m at 6.22% CuEq from 596.70m, plus:
-
400.40m at 1.72% CuEq from 736.90m, including:
-
13.00m at 9.96% CuEq from 842.00m, and including:
-
19.20m at 6.24% CuEq from 970.40m, and including:
-
10.30m at 4.47% CuEq from 1,127.00m.
Wojtek Wodzicki, President and CEO, commented, "Today's results continue to highlight the size and grade of the Lunahuasi system while also providing important context and input for the development of its geological model. Drilling to date has yet to locate the boundaries of the system, and hole 38 from today's results extends high-grade mineralization to the north.
With drilling now concluded these and the remaining results will contribute to the development of a deposit model and help with planning for our Phase 4 program. While we wait for the final assays from Phase 3 to be received, we have already begun to shift our focus to planning and preparing for Phase 4, which is anticipated to commence in October, as we seek to follow up on the exploration success of the past program."
