KBL intersects new Lode at Mineral Hill

THE DRILL SERGEANT: KBL Mining (ASX: KBL) has intersected high-grade polymetallic (copper-lead-zinc-gold-silver) mineralisation during recent drilling at the Southern Ore Zone (SOZ) within the company’s Mineral Hill mine in New South Wales.

KBL said the new ‘A Lode’ remains open along strike and at depth and is close to existing underground development.

The final stage of the SOZ drilling program targeted the footwall zone of the high-grade B Lode where mining activities are currently underway.

KBL said the discovery of the high-grade polymetallic mineralised A Lode, highlights the potential exploration upside of the Mineral Hill system.

The company has recently refurbished the Mineral Hill processing plant to produce separate saleable copper and lead concentrates, each with gold and silver credits, which it considers adds to the value of the new A Lode discovery.

 

High grade polymetallic mineralisation (copper-lead-zinc) from
underground drilling at SOZ (A Lode). Source: Company announcement

 

Noteworthy results of the drilling include:

KUSOZ053
42.7 metres at 2.5 per cent copper, 18.7 per cent lead, 10.3 per cent zinc, 132 grams per tonne silver, and 1.4g/t gold;

KUSOZ054
34m at 1.1 per cent copper, 4.5 per cent lead, 4.5 per cent zinc, 43g/t silver, & 0.4g/t gold;

KUSOZ060
7.05m at 1.5 per cent copper, 9.2 per cent lead, 7 per cent zinc, 76g/t silver, & 4.0g/t gold; and

KUSOZ061
23.6m at 0.6 per cent copper, 4.8 per cent lead, 3.8 per cent zinc, 40g/t silver, & 1.9g/t gold.

Email: info@kblmining.com.au

Website: www.kblmining.com.au