Receives Final Results from 2012 Drilling
Sydney, Mar 15, 2013 AEST (ABN Newswire) - Indochine Mining Limited (
ASX:IDC) is pleased to announce the receipt of assay results from the last five holes of the 2012 drilling programme. The programme comprised 58 diamond drill holes for a total of 7,790m.
2012 Drilling Programme Results
Best assay results for remaining 5 holes from the 2012 drill programme include:
Drillhole 127SD12 in the Western Roscoelite Zone.
42 m at 4.3 g/t gold, 5 g/t silver from 63 m downhole
incl. 22m at 6.1 g/t gold, 6 g/t silver from 65 m downhole;
incl. 7m at 5.1 g/t gold, 7 g/t silver from 93 m downhole.
The upper part of drill hole 127SD12 was previously reported by the company on the 5 May, 2012 and prioritised for metallurgical test work. Previously announced intercepts within this hole assayed in 2012 include:
19.9 m at 3.8 g/t gold and 19 g/t silver from 19.1 m
downhole and 7 m at 2.5 g/t gold from 108 m.
Drillhole 166SD12 in the Western Roscoelite Zone.
22 m at 2.7 g/t gold, 11 g/t silver from 9 m downhole
incl. 14 m at 3.1 g/t gold, 8 g/t silver from 11 m downhole;
20 m at 2.3 g/t gold, 6 g/t silver from 37 m downhole;
incl. 10 m at 2.9 g/t gold, 3 g/t silver from 37 m downhole.
Drillhole 170SD12 in the Black Zone.
26 m at 3.8 g/t gold, 59 g/t silver from 5 m downhole
Incl. 16m at 5.7 g/t gold, 62 g/t silver from 14 m downhole.
These results continue from the solid drill intersections previously returned in the 2012 drilling program and confirm the pedigree of the deposit as the project moves into the bankable feasibility study phase.
Drilling continues on bonanza targets in the Western Roscoelite Zone and these results will be released as they come to hand during March and April 2013.
Indochine Mining Limited's Chief Executive Officer, Stephen Promnitz, said: "The final results from the 2012 drilling programme are encouraging and consistent with the grades and widths previously received.
"The Company's focus is on drilling three bonanza style targets, with drilling currently continuing at the Western Roscoelite Zone (WRZ). "With recent assays from the first of three bonanza targets confirming broad intercepts of high grade mineralisation, the Company is confident it can continue to strengthen the resource upside potential at Mt Kare."
For the full tabled results and diagrams, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-IDC-726143.pdf
Contact
Indochine Mining Limited
T: +61-2-8246-7007
F: +61-2-8246-7005
WWW: www.indochinemining.com
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