Centrex extends Collector Skarn polymetallic mineralisation

THE DRILL SERGEANT: Centrex Metals (ASX: CXM) has completed a four hole diamond drilling program at the company’s Goulburn polymetallic project in New South Wales.

The drill program targeted extensions of the known Collector Skarn deposit plus a coincident magnetic and IP anomaly to the northeast.

Centrex has already released results of the first hole of the program CD010, which intersected a zone of massive and semi-massive polymetallic sulphide mineralisation at the newly discovered Collector North Polymetallic prospect.

The company has just taken receipt of assay results of the second hole of the program CD009, which targeted mineralisation at Collector down-dip and along strike from historic holes DDH C3 and DDH C2.

CD009 intersected a zone of massive and semi massive sulphides with:

8 metres at 2.5 per cent zinc, 0.8 per cent copper, 0.4 per cent lead and 10.6 grams per tonne silver from 242.2m, including 3m at 4.5 per cent zinc, 0.9 per cent copper, 1 per cent lead and 17.8g/t silver from 242.2m.

“Whilst the results of CD009 were encouraging and showed an extension of the skarn mineralisation from the historic holes, a down-hole gyroscopic survey showed CD009 deviated significantly north of its planned orientation causing it to intersect the targeted magnetic anomaly deeper than planned,” Centrex Metals said in its ASX announcement.

Website: www.centrexmetals.com.au