Managing Director Scott Lowe said ”Once again, we are seeing continued evidence of mineralisation at Mumbwa. While grades from holes drilled in Phase 3 vary, this is not unusual for IOCG style mineralisation. It remains too early to accurately assess or quantify the full potential of the Mumbwa project, however, Blackthorn Resources fully supports BHP Billiton’s approach in drilling in a wider area and targeting other anomalies on the property. The Company welcomes the potential of introducing a third drill rig to the project.”
Results are pending for a further two holes (S36-002 and S36-004) which are expected shortly. Results from another two holes (S36-008 and S36-006) will not be reported as S36-008 was abandoned at 196m depth due to poor drilling conditions, and the first 167 m from S36-006 attributed to Phase 3 was not sampled, however the latter part of the hole will be reported in results for Phase 3B.
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