Perth, July 9, 2008 AEST (ABN Newswire) - Continuing excellent RC drilling gold results from E25/268 Blair North Prospect certainly aren't disappointing Northern Mining (ASX:NMI) Directors and Project Manager Newexco Services.
BLAIR NORTH PROSPECT E25/268 - EAST KALGOORLIE PROJECT, WESTERN AUSTRALIA (Northern Mining earning 75%, Cazaly Resources 25%, ASX: CAZ)
The current follow-up 23 hole reverse circulation (RC) drilling programme has intersected more high grade gold (13 metres @ 4.74g/t Au including 3 metres @ 9.78g/t Au, 6 metres @ 3.45g/t Au and 1m @ 6.17g/t Au) and confirmed the dip extent (both up and down dip) of the high grade intersection (25m @ 4.05 g/t including 10m @ 8.39 g/t) previously encountered in BNRC010 (Figure 1, Table 1).
--------------------------------------------Hole From To Intercept(m) Au Assay (g/t)--------------------------------------------BNRC010 99 124 25 4.05BNRC010 107 117 10 8.39BNRC020 72 73 1 34.55BNRC020 72 78 6 9.5BNRC020 89 106 17 3BNRC021 37 42 5 3.45BNRC021 37 78 41 2.27BNRC021 59 78 19 3.8BNRC021 60 78 18 3.95BNRC021 66 75 9 5.78BNRC031 88 101 13 4.74BNRC031 97 100 3 9.78BNRC031 182 188 6 3.45BNRC031 195 196 1 6.17--------------------------------------------
Drilling on sections 6590270N and 6590320N, 50 and 100 metres to the north, have encountered minor intersections suggesting that the gold mineralisation may be plunging steeply to the west.
Executive Chairman Mr Alan Lockett commented "NMI is very fortunate indeed to have exciting high grade intersections for both gold and nickel at Blair North. This project is shaping up to be dual commodity focused (gold and nickel), enjoying the potential of mining nickel sulphides and having gold within a few hundred metres, providing a natural hedge against future effects of inflation".
RC drilling is currently being carried out at the Blair North, Snake Hill and Hake prospects. Diamond drilling is planned for later this year to confirm the plunge direction and extent of the high grade shoots at E25/268, Blair North.
Contact
CRAIG DAWSON
CHIEF EXECUTIVE OFFICER
Telephone (08) 9244 8499
Facsimile (08) 9244 3166
Website www.northernmining.com.au
| ||
|