Encounter intersects zinc sulphide system at Millennium

THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has completed a round of diamond drilling at the Millennium prospect, which has intersected zinc sulphide mineralisation in all four holes drilled.

The Millennium prospect is located approximately 35 kilometres north east of the BM1-BM7 copper discoveries on the company’s Yeneena project in Western Australia.

The company conducted the first ever RC drilling program at Millennium in September 2014, which demonstrated strengthening of near surface zinc mineralisation the company understood to support its interpretation of the sub-basin margin at Millennium being more proximal to the core of the system.

Subsequently the company’s initial two diamond hole program at Millennium was expanded to four diamond holes, which has now been completed.

All four holes drilled intersected visible zinc sulphide mineralisation in the form of sphalerite.

“Mineralised intervals varied from broad zones of shale-hosted disseminated sphalerite as well as brecciated and vein hosted sphalerite within a carbonate host and at the carbonate / shale,” Encounter Resources said in its ASX announcement.

“The single line of diamond drilling at Millennium is located 3km south-east of the BM2 prospect where massive zinc sulphide mineralisation was discovered in a similar geological setting in late 2013”

According to Encounter the latest drill program has confirmed the presence of a large scale zinc mineral system at Millennium that remains open in all directions and at depth.

Drill core is currently being cut and sampled and is expected to be delivered to the laboratory for analysis in the next two weeks.

Assay results from these four holes are anticipated to be reported in December 2014.

The Millennium drilling program is co-funded under the WA Government Exploration Incentive Scheme (up to $150,000).

Website: www.enrl.com.au