Zamia Metals scores healthy molybdenum hits.

Australian exploration company Zamia Metals has announced some encouraging RC drilling results from the northern zone of its Anthony molybdenum discovery in central Queensland.

The latest drilling program came on the back of an announcement by the company in February of an increase in the Inferred Resource in primary (sulphide) molybdenum mineralisation to 173 million tonnes at 430 parts per million molybdenum, including 20 Mt at 810 ppm molybdenum.

The total Inferred Resource including oxide, transition (partially oxidised) and sulphide mineralisation was reported as 233 Mt at 420 ppm molybdenum including 26 Mt at 780ppm molybdenum.

Since the February resource upgrade, Zamia has drilled a further 18 RC holes to depths of up to 250m to test the lateral extent of the deposit as well as an extra six diamond tails to between 400 and 500m to test the depth of the deposit.

Most of this drilling, however, was focussed on the high-grade Western Zone and the Eastern Zone with limited drilling carried out on the Northern Zone.

Zamia drilled a further three RC holes (RC90, RC91 and RC92) in the Anthony Northern Zone, all to a depth of 246m and all resulting in substantial molybdenum intersections.

Hole RC90 assayed 665ppm molybdenum in the sulphide zone from 87m to 246m, including 1000ppm molybdenum from 189m to 195m, 1045ppm molybdenum from 222m to 231m and three other separate 3m intersections assaying over 1000 ppm molybdenum.

In the partially oxidised zone, this hole assayed 794ppm molybdenum from 51m to 87m including 1021ppm molybdenum from 63m to 84m.

RC91 averaged 350ppm molybdenum over the full length of the hole down to 246m. A 12m interval towards the bottom of the hole assayed 636ppm molybdenum.
RC92 assayed 435ppm molybdenum for the first 78m from surface, including 607ppm molybdenum from 9m to 18m.

According to Zamia, “These results clearly indicate the potential for significant resource expansion in the Anthony Northern Zone.”

Indeed the company has indicated its intentions to test the extent of the Northern Zone laterally with further RC drilling planned.

Besides trying to find out how wide the zone is Zamia also intends to find out how deep it is by drilling a number of diamond tails, as most of the holes in the Northern Zone have only been drilled to less than 250m vertical depth.