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Phase Four Drill Progrom At The Lunahuasi Project
VANCOUVER – NGEx Minerals Ltd. reported on three drill holes from the ongoing Phase 4 drill program at its 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan, Argentina. Drillhole DPDH056 intersected 294.10m at 2.41% CuEq from 433.00m, including; 58.00m at 4.86% CuEq from 546.20m, 8.05m at 17.82% CuEq from 552.50m, and 9.25m at 7.57% CuEq from 676.450m. Drillhole DPDH058 intersected 109.00m at 3.37% CuEq from 365.00m, 6.00m at 14.53% CuEq from 446.00m, 5.70m at 12.57% CuEq from 461.00m. Drillhole DPDH059 intersected 335.15m at 4.08% CuEq from 408.55m, 98.50m at 6.55% CuEq from 455.50m, 19.50m at 18.96% CuEq from 471.50m, 14.00m at 8.52% CuEq from 675.00m, and 24.30m at 8.05% CuEq from 717.40m.
Wojtek Wodzicki, President and CEO, said, “Holes 56 and 59, drilled in different directions through the Saturn zone, and hole 58 which is helping to define a new zone at the northern limit of the current drill pattern that was first intersected by hole 43 last season. Together they demonstrate the significant size and grade of Saturn, which is our largest defined zone to date, as well as the continued upside potential we have to discover and delineate new zones as we follow up on numerous wide, high-grade intersections that lie outside the Saturn, Mars, and Jupiter zones, in areas of sparse drill density. We continue to be very pleased with the results from the Phase 4 program to date. As was the case last year, drilling performance has exceeded expectations and, with almost 23,000m drilled to date and ample time left in our field season, we are increasing our target for the current program to 30,000m.”
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