Investigator extends Paris gaiety

THE DRILL SERGEANT: Investigator Resources has received the final batch of assays for a program of reverse circulation percussion (RCP) drilling the company completed at its Paris prospect, located on the Eyre Peninsula of South Australia in late February.

The company said the final batch of assay results has produced a number of high silver grades of up to 7,365 grams per tonne silver, some of which required several cycles of repeat assaying with higher level techniques including concentrate level assays being conducted in Vancouver.

The new high-grade silver intersections add to the mineralisation the company previously reported in February.

 In addition to the high-grade silver intersections previously reported for Lines 7, 8 and 9, key new intersections along the one kilometre length of the Paris target include:

North Eastern Zone

–    7 metres at 1,810 grams per tonne silver from 31m;

Western Zone

–    10m at 432g/t silver from 49m;

South Eastern Zone

–    19m at 965g/t silver from 42m;

Central Feeder Zone

–    14m at greater than 427g/t silver from 97m;

–    8m at 710g/t silver, 0.81g/t gold from 90m;

–    6m at 596g/t silver from 40m; and

–    12m at1.43g/t gold from 41m.

Investigator said the drilling had struck new high-grade intersections flat-lying manto-style sheets with extensions that still are yet to be drill-tested.

The company is excited by the recognition of potential vertical feeder structures including the Central Feeder Zone of at least 400m, which it considers could potentially add up to 900 metres strike length of high-grade tonnage to the Paris system.

 

Paris prospect – Drilling and interpretive target plan. Source: Company announcement

 

“The recent inclined drilling intersected the Central Feeder structure largely missed by the initial vertical aircore drilling that otherwise made many silver hits in the flatter manto-style mineralisation,” Investigator Resources managing director John Anderson said in the company’s announcement to the Australian Securities Exchange.

“The new opportunity is for a three to seven metres wide vertical structure assaying over 400 grams per tonne silver similar to some of the better silver mines around the world.

“This interpretation offers depth extensions for high-grade silver mineralisation with increasing gold credits already evident in some of the intersections.

“Although we are starting to find the limits to the high-grade pods in the flat overlying sheet structures, Investigator is moving the Paris prospect to a new level with the recognition of the first of the mineralised feeder structures that we predicted to underlie a large epithermal system like Paris.”