Anax Metals Confirms High-Grade Evelyn Intersections

THE DRILL SERGEANT: Anax Metals (ASX: ANX) reported assay results for four diamond drill holes completed in August at the Evelyn project, part of the company’s Whim Creek project southwest of Port Hedland in Western Australia.

Anax Metals explained the purpose of the latest program was to test for down-plunge extensions and to increase drill density for resource conversion purposes.

The best intersection encountered was:

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9.7 metres at 2.65 per cent coper equivalent (CuEq) from 180.3m, including 3.2m at 5.63 per cent CuEq from 186m.

The company drilled a further hole designed to intersect the high-grade shoot below previously announced drill hole JER074.

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13m at 2.56 per cent copper, 4.98 per cent zinc, 1.92 grams per tonne gold and 41g/t silver.

Anax declared Evelyn to remain open down plunge where the company is planning a Reverse Circulation (RC) drilling program for the coming quarter that it anticipates testing the potential plunge position at Evelyn as part of the campaign.

“Evelyn drilling continues to deliver high grade intersections, and we are excited to be expanding our exploration focus within the Evelyn region,” Anax Metals managing director Geoff Laing said in the company’s ASX announcement.

“The deposit remains open at depth which we will test in future along with current work focussing on targets with similar high-grade potential.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE