Hana Mining: Infill drilling encounters consistent high-grade copper-silver mineralization along the Northeast Fold of the Banana Zone
Tuesday, 10 January 2012 15:17
Hana Mining Ltd. announced its most recent drilling results from the completion of 14 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 69125 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 continue to confirm the continuity of copper-silver mineralization at the Northeast Fold area of the Banana Zone.
Core lengths intercepts of o 2.17% CuEq, (1.82% Cu and 24.0 g/t Ag) over 8.0 metres within a wider mineralized interval of 0.96% CuEq (0.79% Cu and 12.0 g/t Ag) over 24.7 metres in hole HA-434-D,
2.59% CuEq, (1.98% Cu and 42.0 g/t Ag) over 4.5 metres within a wider mineralized interval of 1.34% CuEq (1.05% Cu and 20.0 g/t Ag) over 10.0 metres in hole HA-407-D,
1.21% CuEq, (1.17% Cu and 3.0 g/t Ag) over 1.5 metres within a wider mineralized interval of 0.22% CuEq (0.19% Cu and 2.0 g/t Ag) over 15.7 metres in hole HA-441-D,
0.94% CuEq, (0.85% Cu and 6.0 g/t Ag) over 7.9 metres within a wider mineralized interval of 0.52% CuEq (0.45% Cu and 5.0 g/t Ag) over 27.7 metres in hole HA-439-D.