Encounter encouraged to continue drilling at Millennium

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced recently conducted RC drilling has confirmed the presence of highly-elevated, end of hole zinc mineralisation at the Millennium prospect, located within the company’s the Yeneena project of Western Australia.

The millennium prospect sits 2.5 kilometres south-east, and along strike, of the BM2 prospect where Encounter discovered massive zinc sulphide mineralization in late 2013.

RC Drill Program Completed (EIS co-funded)

Encounter has just wrapped au its first ever RC drilling program at Millennium, in an area of limited previous exploration and extensive sand cover.

The primary aim of the initial RC drilling program was to test for near surface zinc anomalism at Millennium and was designed to test the top 150m from surface.

 

Interpreted drill cross section 390950mE – Millennium prospect. Source: Company announcement

 

“Results from the RC drilling were highly-encouraging and defined strong zinc-lead anomalism over a broad area, often extending to the bottom of hole,” Encounter Resources said in its ASX announcement.

“The results at Millennium are significantly higher than results from drill holes of similar depth at BM2 where the company reported the intersection of high-grade zinc sulphides (0.7m at 36.5 per cent zinc Dec 2013) below a broad zone of iron rich gossanous material.

“This strengthening of near surface zinc mineralisation supports the interpretation of the sub-basin margin being more proximal to the core of the system.

“The RC drilling has also extended the overall near surface footprint of the zinc system at BM2/Millennium to over three kilometres long, paralleling the Tabletop Fault.”

Results from the RC drilling at Millennium include:

EPT 2162
113 metres at 0.15 per cent zinc and 0.15 per cent lead from 32m to EOH, including 6m at 0.81 per cent zinc and 0.16 per cent lead from 102m;

EPT 2164A
49m at 0.35 per cent zinc and 0.08 per cent lead from 82 m to EOH; and

EPT 2184
31m at 0.4 per cent zinc from 84m to EOH, including 6m at 1.26 per cent zinc from 98m.

Following the encouraging RC results, Encounter has just kicked off a WA Government Exploration Incentive Scheme (EIS) co-funded 1,000m diamond drilling program at Millennium.

The two hole program will test for stratiform zinc-lead sulphide mineralisation adjacent to the interpreted shale-carbonate contact and for mineralisation hosted along this key mineralised contact.

Assay results from the diamond drilling are expected in December 2014.

Website: www.enrl.com.au