Hana Mining: Infill drilling encounters some of the best intercepts of copper-silver mineralization at the Banana Zone
Wednesday, 25 January 2012 10:55
Hana Mining Ltd. announced its most recent drilling results from the completion of 13 infill diamond drill holes in the Banana Zone at its Ghanzi sediment hosted Copper-Silver Project in Botswana.
Infill drilling was carried out on the Northeast Fold area (between sections 69725 to 70425 at the Northeast Fold) to convert a substantial amount of the NI 43-101 compliant resources within this area into the Indicated category from the Inferred category.
These results are from new holes and are in addition to those used in the most recent NI 43-101 compliant Indicated and Inferred mineral resource calculation. The mineralization remains open at depth.
Highlights of recent drilling results:
The latest results demonstrate that Banana Zone contains areas which host high-grade copper-silver mineralization.
Core lengths intercepts of
7.62% CuEq (5.11% Cu and 172.0 g/t Ag) over 5.3 metres within a wider mineralized interval of 3.77% CuEq (2.71% Cu and 73.0 g/t Ag) over 14.6 metres in hole HA-465-D,
5.26% CuEq (4.02% Cu and 85.0 g/t Ag) over 2.3 metres within a wider mineralized interval of 1.40% CuEq (1.14% Cu and 18.0 g/t Ag) over 16.0 metres in hole HA-443-D,
4.93% CuEq (4.86% Cu and 5.0 g/t Ag) over 2.5 metres in the footwall sandstones and 4.00% CuEq (3.55% Cu and 31.0 g/t Ag) over 2.6 metres within a wider mineralized interval of 1.71% CuEq (1.52% Cu and 13.0 g/t Ag) over 6.6 metres in the hanging wall in hole HA-457-D
4.00% CuEq (3.53% Cu and 32.0 g/t Ag) over 2.8 metres in the footwall sandstones and 2.08% CuEq (1.79% Cu and 20.0 g/t Ag) over 11.5 metres within a wider mineralized interval of 1.88% CuEq (1.62% Cu and 18.0 g/t Ag) over 12.9 metres in the hanging wall in hole HA-447-D.