|Maronan Project MRN14007 Assay Results, 14008 Visual Results|
MRN14008 intersected the prospective carbonate-lead sulphide stratigraphy at the predicted down hole depth some 290 metres down plunge of the strong lead and silver mineralisation intersected in MRN13002. The targeted stratigraphy occurs over 101 metres down hole and contains five separate intervals of lead sulphide mineralisation. These occur over a combined intercept thickness of approximately 33 metres with the widest being about 20 metres down hole. True widths are estimated to be about 50% of down-hole widths. Assay results are expected by mid-January.
The structurally remobilised lead mineralisation in drill hole MRN14007 has returned a high-grade lead and silver intercept of 10.1 metres from 579.4 metres down hole assaying 8.5% lead and 213g/t silver plus three other intercepts of lesser grade and width. Estimated true widths are about 40% of down-hole widths. The pierce point of MRN14007 is located 35 metres north and 60 metres below the strong lead and silver mineralisation in MRN13002. This result highlights scope for potentially mineable widths of the structurally remobilised mineralisation focused at the apex to the fold structure.
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