Perth, Jan 15, 2008 AEST (ABN Newswire) - Tasman Resources (ASX: TAS) has secured a drill rig to conduct important follow up drilling at its 100% owned Parkinson Dam Project, located 60km west of Port Augusta in South Australia. Tasman had hoped to resume drilling in December 2007, but this has been delayed due to contractor commitments, and drilling will now commence in mid-late January 2008.
Drilling will initially focus on testing the main east-west trending mineralised structure recently defined. This structure is believed to be the host to the high grade, epithermal gold and silver mineralisation hit in PD 63, and is essentially open along strike to the west and east, and at depth. Holes are planned on a series of north-south traverses through PD 63 and to the east and west.
In addition, the proposed drilling will test for other mineralised structures in the vicinity. Evidence of these is provided by a number of narrow intersections of significant grade gold and silver, separate from the main structure (eg. 1m at 9g/t Au and 79g/t Ag and 1m at 6g/t Au and 4g/t Ag in PD 63 and 1m at 1.07g/t Au in PD 69).
Holes will be precollared with reverse circulation percussion drilling to about 80m, and completed with diamond drilling at depths between about 200 and 350m. The programme is expected to be completed in March, with initial assay results expected in April 2008.
Contact
Telephone: (08) 9282 5889
Facsimile: (08) 9282 5866
Email: mailroom@tasmanresources.com.au
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