|Maronan Project MRN1403 Assay Results|
Assaying of cores from drill hole MRN14003, which pierced the target horizon 90 metres above the strong lead and silver mineralisation in MRN13002, has returned a broad interval of gold mineralisation and a narrow lead sulphide intercept with high silver values.
Better intercepts include:
55.7 metres from 395.3 metres at 1.1g/t gold,
2.7 metres from 469.3 metres at 6.2% lead, 180g/t silver.
The gold with arsenic mineralisation is hosted in a banded carbonate-pyrrhotite-magnetite sequence typical of the rock type in the outer halo surrounding the lead-silver sulphide mineralisation.
Visual inspection of the recently completed step-out drill hole MRN14006, situated 140 metres south and 80 metres above MRN13002 has intersected similar banded carbonate-pyrrhotite-magnetite rocks to those in MRN14003 with minor beds of lead sulphides. Assay results should be available within about three weeks.
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