(Feb 07, 2012, FHALIFAX, NS)--Tigray Resources (TSX-V: TIG) hit more broad copper-polymetallic mineralization near a notable drilling result that it announced hitting late last year from its Terakimti prospect, part of its larger 70-percent owned Harvest project in Ethiopia.
Back in December, 2011, Tigray highlighted as much as 74 metres @ 3.77 percent copper, 1.31 g/t gold, 14 g/t silver and 0.72 percent zinc starting about 57 metres downhole at Terakimti.
In its latest batch of drilling results, Tigray reports that it stepped out 40 metres from that intercept and cut 41 metres @ 3.24 percent copper, 1.19 g/t gold, 25 g/t silver and 1.19 percent zinc. That, Tigray said, showed "continued robust development in thickness and grade of primary and supergene mineralization in the southern gossan area."
The drilling results from the southern gossan area are part of a wider first phase drilling program through which Tigray aims to test Terakimti mineralization up to about 250 metres below surface. Tigray hit the deepest mineralization yet at Terakimti in January, with an intercept showing 15 metres @ 2.6 percent copper, 2.5 g/t gold, 43 g/t silver and 6.8 percent zinc.
Tigray called it "the first indication of significant zones of high-grade VMS (volcanogenic massive sulphide) mineralization at depths below 150 metres vertical." Meantime, Tigray, a company Canaco Resources (TSX-V: CAN) spun out last year, started drilling another VMS target - Mayshehagne - in Ethiopia a few kilometres away from Terakimti.
The drill program is small, 900 metres over five drillholes, and follows Tigray chip sampling that yielded anomalous copper-gold-silver-zinc mineralization at surface.
Source: Mineweb
Back in December, 2011, Tigray highlighted as much as 74 metres @ 3.77 percent copper, 1.31 g/t gold, 14 g/t silver and 0.72 percent zinc starting about 57 metres downhole at Terakimti.
In its latest batch of drilling results, Tigray reports that it stepped out 40 metres from that intercept and cut 41 metres @ 3.24 percent copper, 1.19 g/t gold, 25 g/t silver and 1.19 percent zinc. That, Tigray said, showed "continued robust development in thickness and grade of primary and supergene mineralization in the southern gossan area."
The drilling results from the southern gossan area are part of a wider first phase drilling program through which Tigray aims to test Terakimti mineralization up to about 250 metres below surface. Tigray hit the deepest mineralization yet at Terakimti in January, with an intercept showing 15 metres @ 2.6 percent copper, 2.5 g/t gold, 43 g/t silver and 6.8 percent zinc.
Tigray called it "the first indication of significant zones of high-grade VMS (volcanogenic massive sulphide) mineralization at depths below 150 metres vertical." Meantime, Tigray, a company Canaco Resources (TSX-V: CAN) spun out last year, started drilling another VMS target - Mayshehagne - in Ethiopia a few kilometres away from Terakimti.
The drill program is small, 900 metres over five drillholes, and follows Tigray chip sampling that yielded anomalous copper-gold-silver-zinc mineralization at surface.
Source: Mineweb
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