Investigator drilling reveals new silver systems near Paris

THE DRILL SERGEANT: Investigator Resources (ASX: IVR) announced results for 50 of the 60 holes it has drilled as the final part of recent scout drilling carried out within the company’s 100 per cent- owned Peterlumbo tenement.

The prospects drilled range from immediate extensions within a three kilometre radius of the 20 million ounce silver Paris project to several satellite prospects within 5km to 35km from Paris.

Investigator said its initial assessment of the geology and assays received from the recent scout drilling indicate a new large Paris-style system at Diomedes, 7km northeast of Paris and potentially at the undrilled Argos North target 5km northwest of Paris.

Best silver and lead intersections encountered at Diomedes and Argos include:

Argos:
42m at 11.1 grams per tonne silver 0.46 per cent lead 0.30 per cent zinc from 21m; and

6m at 91.9g/t silver 0.12 per cent lead 0.27 per cent zinc from 60m.

Diomedes:
42m at 4.7g/t silver 0.84 per cent lead 0.47 per cent zinc from 93m to bottom of hole.

The company explained these are in addition to the Ajax silver-lead target and magnetic copper-gold targets previously announced for Helen-Nankivel, Trojan Horse and Odysseus.

“With each drill program we identify and unlock new mineral potential around the Paris silver project,” Investigator Resources managing director John Anderson said in the company’s announcement to the Australian Securities Exchange.

“The new Diomedes and Argos North silver-lead targets are exciting additions to untested copper-gold potential revealed by the last round of assays.

“We are pursuing the opportunities for both silver and copper target styles with airborne magnetic surveys just completed and upcoming soil geochemistry and heritage surveys.

“The aim is to use our strong cash position to start follow-up drilling before the end of 2014.”

Email: info@investres.com.au

Website: www.investres.com.au