|Announcement 3 February 2015|
Maronan Project Final Assay Results from 2014 Drill Program
Assay results from the remaining holes from the 2014 drill program have returned multiple intervals of moderate lead and silver values in MRN14008 and strong lead and silver values from mineralisation in MRN14004 - the deepest hole in the program.
MRN14008 contained 4 separate intervals of mineralisation with the better results including:
24.7 metres from 769.1m grading 4.3% lead, 90g/t silver; including
6.0 metres from 772m grading 7.5% lead, 121g/t silver;
4.0 metres from 849m grading 7.0% lead, 140g/t silver;
10.9 metres from 857.1m grading 4.7% lead, 106g/t silver; including
6.75 metres from 860m grading 6.8% lead, 148g/t silver.
These intervals occur over a cumulative true width of about 23.9 metres and are located about 290 metres down plunge of the strong lead and silver mineralisation intersected in MRN13002.
Assays from the remanent interval of bedded lead mineralisation in the deep drill hole MRN14004 returned:
3.1 metres from 1241m grading 8.6% lead, 212 g/t silver.
Although narrow, the strong silver and lead values are encouraging given the bedded (non-structural) style of mineralisation and the interpreted potential for a thickened hinge region further to the north.
All lead, silver, zinc, copper and gold assay results from the 2014 program are summarised in Table 2 in the announcement.
Download this announcement (2Mb pdf)
|December 2014 Quarterly Report|
Quarterly Report and Cash Flow for 31 December 2014
Maronan, QLD, Silver-Lead & Copper-Gold
Cannington South, QLD, Silver-Lead-Zinc
Tennant Creek, NT, Gold-Copper
Download this file (2.3 Mb pdf)
|Announcement 29 October 2014|
Red Metal Investor Presentation - Maronan Pb-Zn-Ag Project
A slideshow of Red Metal's Maronan Project presented at the Mining 2014 Resource Convention, Brisbane, 29 October 2014