!
!
!
!
17!SEPTEMBER!2015!
!
Yamarna!Heritage!Clearance!Received! Maiden!Drilling!Programme!to!Commence!
!
!! Aboriginal!Heritage!clearance!received!to!allow!maiden!drilling!
programme!to!proceed.!
!! Aircore!drilling!to!commence!as!soon!as!field!crews!and!drill!rig!
are!mobilised!to!site.!
!! Phase!one!drilling!programme!to!comprise!8,000I10,000!metres!
testing!multiple!geochemical!and!structural!targets.!
!! Targets!include!three!priority,!regional!scale!targets!over!
geologically!and!structurally!favourable!positions.!
!! Largest!anomaly!outlines!a!target!zone!over!1km!in!strike,!
coincident!with!an!interpreted!shear!zone.!
Montezuma!Mining!Company!Ltd!("Montezuma")!is!pleased!to!announce! that!Heritage!clearances!have!been!received!to!allow!the! commencement!of!exploration!drilling!at!the!Company's!100%!owned! Yamarna!Project.!
Previously!released!surface!geochemical!results!have!highlighted!three! priority!regional!scale!targets!that!will!be!tested!as!part!of!the!maiden! aircore!programme!which!is!expected!to!comprise!8,000I10,000!metres! of!drilling:!
Priority!Anomaly!1:!(!1.3km!x!350m!@!>10ppb!Au)!associated!with! granite/greenstone!contact!marginal!to!a!regional!gravity!high.!Peak! value!returned!of!20.8!ppb!Au.!
Priority!Anomaly!2:!(over!1km!strike!at!>!5ppb!Au)!associated!with!an! interpreted!embayment!in!the!granite!near!the!interpreted! granite/greenstone!contact!zone.!Peak!value!returned!of!13.5!ppb!Au.!
Priority!Anomaly!3:!(over!1.5km!strike!at!>!5ppb!Au)!associated!with!a!
potential!shear!zone!along!the!granite/greenstone!contact.!Peak!value!of!
11.6!ppb!Au.!
! Executive!Director!Justin!Brown!said!"The$team$are$excited$that$all$ necessary$clearances$and$approvals$are$now$in$place$to$allow$the$ maiden$drilling$programme$to$proceed$and$we$are$looking$forward$to$ releasing$the$first$ever$drilling$results$from$this$exciting$project".!!
! Ground!Floor,!31!Ventnor!Street,!WEST!PERTH!WA!6005! !
!
ABOUT!MONTEZUMA!MINING! Listed!in!2006,!Montezuma!Mining! Company!Ltd!(ASX:!MZM)!is!a!diversified! explorer!primarily!focused!on!manganese,!
copper!and!gold.!!The!Company's!primary!
objective!is!to!achieve!returns!for! shareholders!through!selected!strategic! acquisitions!and!targeted!exploration.!!
Montezuma!Mining!has!100%!interests!in! the!Yamarna!Gold!Project!in!the!Yamarna! Geenstone!Belt,!Western!Australia!and!the! Butcherbird!Manganese/Copper!Project!in! the!Murchison!region!of!Western!Australia!!
MARKET!DATA!
ASX!code:! MZM! Share!price:! $0.20! Shares!on!issue:! 70,464,350! Market!capitalisation:! $14.1M! Cash!(30!June!2015):! $6.67M!
!
BOARD!AND!MANAGEMENT! Chairman! ! Seamus!Cornelius! Executive!Director!! Justin!Brown! NonIExecutive!Director! John!Ribbons!
! Company!information,!ASX!announcements,!
investor!presentations,!corporate!videos! and!other!investor!material!on!the! Company's!projects!can!be!viewed!at! www.montezuma.com.au!!
575,000mE 580,000mE 585,000 mE 590,000mE 595,000 mE
l
.Port.t'land
z MONTEZUMA
E 9'
o MINING COMPANY LTD 00
8.
00 •Kalgoorlie o
'[)
• Perth YAMARNA PROJECT 3
Gold in Soil Anomaly
z
E 9'
o _ _s
8 -
ò o
s: 8
'[) 3
z
r
z
E ·"'
8 -"'
00 o
'[) 3
z
z
E g;
o
-
'[) 3z
.............._
NORTH
MGA94Z51 Skm
575,000mE
580,000mE
585,000 mE 590,000mE 595,000 mE
DTenement- Granted >1Oppb Au in Soil Contour -Andesite -Basalt
LEGEND
D Prospect
Geochemistry
5-l Oppb Au in Soil Contour
Geology
lntermediate Schists Mafie Schist
Granite (External) Mafie Dyke
Granite Meta Sediments
Granite Gneiss Porphyry
Figure 1:Gold in soil anomalies generated by Montezuma's recently completed soil sampling programme aver interpreted basement geology.
Ground Floor,31Ventnor Street, WEST PERTH WA 6005 2
MONTEZUMA
|
LI!GI!ND
c:Jo..-MZM-
IOIIet:•ooooo - ·tOHtlitNiiiiOICOr!IN
•;..._....;; •·'• •wc....
|
|
LI!GI!ND
c:Jo..-MZM-
IOIIet:•ooooo - ·tOHtlitNiiiiOICOr!IN
•;..._....;; •·'• •wc....
|
YMIIml Projlct
Gole!In Sol A.,(-75uon)
"-81on•• Moo-o...
|
|
LI!GI!ND
c:Jo..-MZM-
IOIIet:•ooooo - ·tOHtlitNiiiiOICOr!IN
•;..._....;; •·'• •wc....
|
Figure 2: Gold in soil anomalies generated by Montezuma's recently completed soil sampling programme over regional aeromagnetics.
Ground Floor,31Ventnor Street, WEST PERTH WA 6005 3
MONTEZUMA
LI=E:G:::CJH-O -
Yamama Project
Gold In Soil Anomaly (-7Sum)
R-aional Gravity o,.pe
1:100000
- tCIA*IWIIISol
• ·-
5· l'WbM itWOonlaur
Figure 3: Gold in soil anomalies generated by Montezuma's recently compieted soil sampling programme over regional gravity data.
Ground Floor, 31Ventnor Street, WEST PERTH WA 6005 4
!
!
$
The$information$in$this$report$that$relates$to$Exploration$Results,$Mineral$Resources$and$Mineral$Reserves$is$based$on$information$ compiled$by$Mr$Bradley$Drabsch$who$is$a$member$of$the$Australasian$Institute$of$Geoscientists.$At$the$time$that$the$Exploration$ Results,$Mineral$Resources$and$Mineral$Reserves$were$compiled,$Mr$Drabsch$was$an$employee$of$Montezuma$Mining$Company$ Ltd.$Mr$Drabsch$is$a$geologist$and$has$sufficient$experience$which$is$relevant$to$the$style$of$mineralisation$and$type$of$deposit$ under$consideration$and$to$the$activity$which$he$is$undertaking$to$qualify$as$a$Competent$Person$as$defined$in$the$2012$edition$of$ the$'Australasian$Code$for$Reporting$of$Exploration$Results,$Mineral$Resources$and$Ore$Reserves'.$Mr$Drabsch$consents$to$the$
inclusion$of$this$information$in$the$form$and$context$in$which$it$appears$in$this$report.!
!
! Ground!Floor,!31!Ventnor!Street,!WEST!PERTH!WA!6005! ! 5!
!