Rambler Metals identifies new high grade copper-gold zone in Canada
Rambler Metals & Mining PLC said it has identified a new high grade copper-gold zone at its Phase II drilling program in Newfoundland and Labrador, Canada.
The company said the current drilling program has been focusing on delineation of the Ming Footwall Zone (MFZ) at approximately 50 metre centres utilizing directional drilling techniques with the latest results from a previously unknown ‘upper’ zone within the MFZ that is in close proximity to existing underground mining infrastructure related to historic mining of the overlying Ming Massive Sulphide (MMS) deposit.
Rambler said it was encouraged by the results which are especially significant when recognized as a new zone of mineralization that occurs at a stratigraphically shallower level than other recently reported high-grade intercepts from the MFZ.
The two intercepts are 37 metres (121 feet) apart and approximately 70m (230 ft) beneath the historical Ming Massive Sulphide deposit adding it plans
to test the new zone both along strike and down plunge as part of our continuing delineation program of the MFZ.
The company added two drill rigs continue to operate from surface on the property while the technical planning and permitting process for a dewatering and underground rehabilitation programme to facilitate additional underground drilling also progresses.
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