Quarterly Activities Report
Quarterly Activities Report
Adelaide, April 30, 2018 AEST (ABN Newswire) - Investigator Resources Ltd (ASX:IVR) provides the Company's Quarterly Activities Report for the period ending 31 March, 2018.

HIGHLIGHTS: Evaluating Paris silver project & seeking resource expansions

Paris Pre-Feasibility Study ('PFS'):

PFS studies continue on the Paris Silver Project, as follows:

- Metallurgical testwork on large samples which aims to improve the 2013 silver recoveries of 65-75%.

- Geotechnical drilling has been completed with tests proceeding on drill samples towards an indicative pit design.

- Waste rock characterisation and desktop infrastructure studies are underway.

Paris extensions exploration:

- One metre re-assaying of December 2017 drilling showed potential for zones of high grade silver at the less-drilled northern and southern ends of the Paris deposit.

- New drilling indicated modest additional silver resource potential in the South East Extension associated with zones of anomalous lead, gold, copper, cobalt and molybdenum.

- Scout Induced Polarisation ('IP') survey completed with assessment for satellite silver targets awaited.

Trojan copper-gold target:

- Drilling of large shallow IP target near Paris intersected no significant copper in the interpreted pyritic margin to the Nankivel porphyry system. A partner would be sought to test the potential for a deeper copper core.

Regional target concepts:

- Targets were advanced at Maslins IOCG copper gold, Cartarpo cobalt copper REE and Wiawera copper gold prospects.

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About Investigator Resources Ltd

Investigator Resources Limited (ASX:IVR) is a metals explorer with a focus on developing its 2011 Paris silver discovery in the southern Gawler Craton on South Australia's northern Eyre Peninsula.

The Company announced a revised upward estimation for the Paris Silver Project Mineral Resource to 9.3Mt @ 139g/t silver and 0.6% lead, comprising 42Moz of contained silver and 55kt of contained lead, at a 50g/t silver cut-off. The resource has been categorised with an Indicated Resource estimate of 4.3Mt @ 163g/t silver and 0.6% lead for 23Moz contained silver and 26kt contained lead, and an Inferred Resource: 5.0Mt @ 119g/t silver and 0.6% lead for 19Moz contained silver and 29kt contained lead.

The Company is accelerating the development pathway for the Paris silver project with the preparation of a Pre-Feasibility Study.

 


Contact

Investigator Resources Ltd
T: +61-8-7325-2222
E: info@investres.com.au
WWW: www.investres.com.au



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