Investigator celebrates Parisian encounters

THE DRILL SERGEANT: Metals explorer Investigator Resources (ASX: IVR) has received further significant and high-grade silver intersections.

The company said the results demonstrate the increased potential for a substantial silver deposit across multiple zones at the Paris prospect.

The Paris silver prospect is located in the Eyre Peninsula region of the southern Gawler Craton of South Australia.

Investigator said the latest results have further added to the understanding of the geological model with new intercepts pointing to the potential for multiple veins and sheets.

 

Paris prospect – Drill section Line 7 showing the new geology model
and new PPDH023 drill intersection supporting the high priority target
in the Western Sheet plus the PPDH034 cavity indicating a possible
extension of the Northeast zone into another west-dipping sheet. Source:
Company announcement 

The results included an intersection of 10.03 metres at 2,591 grams per tonne silver including one metre at 1.98 per cent silver achieved, this time in the Western Sheet, at the Paris prospect.

New silver intercept results include:

–    10.03 metres at 2,591 grams per tonne silver including 1 metre at 19,800 grams per tonne silver;

–    3.84m at 480g/t silver;

–    1m at 952g/t silver;

–     2m at 273g/t silver;

–    4.35m at 111g/t silver; and

–    0.8m at 591g/t silver.

“The on-going high-grade silver intersections and exciting potential at Paris over-ride the challenges presented by the complex geology and difficult drilling conditions,” Investigator Resources managing director John Anderson said in the company’s announcement to the Australian Securities Exchange.