Malachite has today lodged an ASX announcement confirming further good results from the Conrad Silver Project.
CONRAD SILVER PROJECT:
Good Results Continue in Drill Holes 61 to 64
HIGHLIGHTS
Malachite Resources NL (ASX: MAR & MAROA) advises that assay results for a further four drill holes at its 100% owned Conrad Silver Project have now been received. These holes are part of an ongoing drilling program, involving at least 10,000m of drilling in 2008, aimed at substantially upgrading the existing resource estimate for the project. The new results are expected to contribute significantly to that upgrade, especially with CMRD63 reporting high grade mineralisation as much as 360m below the surface.
Managing Director, Garry Lowder, commented:
“We are very pleased with the latest results, which seem to be fairly typical of the Conrad Lode. It is also nice to see well developed mineralised envelopes adjoining the high grade lode in holes 63 and 64, enhancing the potential for relatively low-cost, mechanised underground mining of this lode.”
The full announcement can be viewed on our website: www.malachite.com.eu
Regards
Andrew J. Cooke
Company Secretary
Malachite Resources NL
Tel: +61 2 9411 6033
Fax: +61 2 9411 6066
Mob: 0412 090 826
Email: acooke@malachite.com.au
Website: www.malachite.com.au
Malachite Res. is a tin and lead exploration company based in Australia.
Malachite Res. holds various exploration projects in Australia.
Its main exploration properties are ELSMORE, MT LIDSTER, RIVERTREE, TOOLOOM, VOLGA, ABINGTON, CONRAD SILVER and DELUNGRA in Australia.