Rox Resources continues high-grade run at Teena

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has reported further high-grade zinc results from drilling currently underway at the Teena prospect, which forms part of the company’s Reward zinc project located in the Northern Territory.
 
Rox indicated the high-grade mineralised zone at Teena has been extended by the third diamond drill hole of the program, which has intersected a zone of zinc and lead mineralisation of greater than 20m in thickness downhole.

Results from hole TNDD011 include:

–    20.3 metres at 13.9 per cent zinc plus lead from 901 metres, including 16.3 metres at 16.5 per cent zinc plus lead from 905 metres, including 14.2 metres at 18.4 per cent zinc plus lead from 907.1 metres; and

–    5.7m at 8.6 per cent zinc plus lead, including 1.7m at 13.2 per cent zinc plus lead from 937.3m.

According to Rox this intersection, together with the results from the previous two holes has extended the strike length of the high-grade mineralisation to over 700m.

 

Teena drill hole intercept locations. Historic hole intercepts
(horizontal position above subsurface intersection) are shown in red.
Intercepts from drill holes in the current program are shown in yellow
(horizontal position above subsurface intersection). The map shading
represents interpretation of outcropping geology. The intersections in
holes Teena 2DD and Teena 6 are about 1.3km apart, while the
intersections in holes Teena 2DD and Teena 4DD are about 800m apart.
Source: Company announcement

 

“Previous historic drilling indicates that the mineralised zone extends further along strike, so the overall strike length of the higher grade mineralisation could exceed 1.6 kilometres,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“Additionally, historic results from drill holes Teena 2DD and Teena 4DD demonstrate that the mineralisation also extends a significant distance north-south of at least 800 metres.”

Rox previously reported holes TNDD009 and TNDD010 both intersected high-grade mineralisation of greater than 20m downhole thickness.

Additional assays of hole TNDD010 have demonstrated further zones of zinc and lead mineralisation over a wide mineralised section from 908.8m to 1255.0m, with an overall thickness of almost 350m.

Highlights of the additional mineralisation in hole TNDD010 include:

–    7.8m at 8.7 per cent zinc plus lead, including 6.2m at 10.5 per cent zinc plus lead, including 3.2m at 12.7 per cent zinc plus lead from 988.8m;

–    9.7m at 5.7 per cent zinc plus lead from 1124m, including 2.9m at 10.4 per cent zinc plus lead from 1125.4m;

–    22m at 3.9 per cent zinc plus lead from 1169m; and

–    19.8m at 2.7 per cent zinc plus lead from 1212.2m.

“The extensive zone of mineralisation and metal content in drill hole TNDD010 is quite remarkable,” Mulholland said.

“It tells us that we have a very strong mineralised system here at Teena.

“The main section of mineralisation above the 2.5 per cent zinc plus lead lower cut-off starts at 908 metres and ends at 1255 metres, an interval of some 347 metres down hole.”