IRONBARK GOLD LTD: ASX ANNOUNCEMENT |
13 February 2008
DRILLING COMMENCED AT BELARA BASE METAL RESOURCE
Ironbark reports that drilling has commenced at the wholly owned Belara base metal project in New South Wales. Belara is located approximately 100km north of Orange in New South Wales, Australia and currently hosts an inferred
resource of 1.0 million tonnes at 5.0% zinc, 0.4% copper, 1.5% lead, 0.3 g/t gold and 50 g/t silver at a 4% zinc cutoff within a larger inferred resource of 3.8 million tonnes at 3.1% zinc, 0.4% copper, 1.0% lead, 0.2 g/t gold and 34 g/t silver
at a 1% zinc cutoff.
Previous drilling by Ironbark returned excellent drill results at the current base of drilling and the current programme is designed to
test for depth extensions of this mineralisation. Ironbark is seeking to expand the resource by conducting further drilling targeting extensions to mineralisation (Figure 1). Approximately 2,000 metres will drilled to depths of up to 400 metres using a
combination of reverse circulation and Diamond drilling techniques and will include extensional drilling on B30 which returned 8m @ 4.2%zinc, 1.8% lead, 0.5% copper, 62 g/t silver and 0.5 g/t gold from 299 metres downhole.
To download the full ASX Announcement, click here.
For further information:
Jonathan Downes
Managing Director
T +61 8 6461 6350
www.ironbark.gl
This message has been sent to you as a subscriber of the PPR mail service.
If you no longer wish to be a part of the service, please email
cginbey@pprwa.com.au with the word "REMOVE" in the Subject line
This email was sent by James Moses (PPR), PPR, Level 1, 588 Hay Street, Subiaco WA 6008 to .com
|
Ironbark
|
|
EXPLORATION STAGE |
CODE : IBC.AX |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Ironbark is a zinc and lead development stage company based in Australia. Its main exploration properties are CAPTAINS FLAT and BELARA in Australia and CITRONEN FJORD in Greenland. Ironbark is listed in Australia. Its market capitalisation is AU$ 63.7 millions as of today (US$ 41.4 millions, € 38.7 millions). Its stock quote reached its highest recent level on January 23, 2015 at AU$ 2.07, and its lowest recent point on March 27, 2020 at AU$ 0.38. Ironbark has 141 550 000 shares outstanding. |