Metal Bank Limited (ASX: MBK) – $0.034
05 Sep 2016
Metal Bank Limited (ASX: MBK) has intersected gold mineralisation at the New Constitution prospect within the Triumph Gold Project in southeast Queensland (Figure 1).
Figure 1. Location of the Triumph Gold Project (Source: company)
Two reverse circulation drillholes totalling 121 metres were completed at the New Constitution prospect to define the geometry of near surface gold mineralisation intersected in previous drilling.
Highlights from the drill program include:
- 10.0 metres at 26.9g/t gold, 165g/t silver and 6.0% zinc from 51.0 metres including 7.0 metres at 36.3g/t gold, 220g/t silver and 7.9% zinc from 51 metres
- 3.0 metres at 8.1g/t gold, 79g/t silver from 35 metres
A total of 17 reverse circulation drillholes at 981 metres have been completed at the Triumph Gold Project. Results from the remaining 15 drillholes will be released once available.
For further information, visit metalbank.com.au
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