The China Western Hangingwall Lode, discovered in November 2018, has now been defined for over 300 metre along strike with much of the mineralisation being hosted within the China Pit Shell in a region previously modelled as waste in the 2018 pit optimisation.
|Photo showing M4 diamond rig drilling BWDD023 at ER Valley|
BWRC061 was drilled up-dip of discovery hole BWRC027 to test continuity of the higher-grade intersections, with the new hole confirming the high-grade lodes and intersecting another high-grade zone further west.
Assays from BWRC061 include: 30m at 2.2 per cent Pb, 1.3 per cent Zn and 85g/t Ag from surface, 16m at 12.8 per cent Pb, 7.4 per cent Zn and 324g/t Ag from 34m, 36m at 4.8 per cent Pb, 1.7 per cent Zn and 105g/t Ag from 54m and 16m @ 2.6 per cent Pb from 94m.
New drilling conducted in the Meingtha Gap area has intersected mineralisation 80 metres west of the new resource model. Results from BWRC063 are important for two reasons: providing evidence of mineralised zones beneath the surface oxidised/ depleted zone, and secondly, providing evidence that the mineralised zone in the Meingtha Gap area could be nearly twice as wide as currently modelled.
Myanmar Metals Executive Chairman and CEO John Lamb viewed these drilling results as outstanding.
“I’ve often said that Bawdwin should be viewed as mineral field rather than a deposit and I think these results evidence that,” said Mr Lamb.
“Our drilling and exploration programs have moved from the central Shan, China and Meingtha Lodes, which represented the historical mining envelope, and we have discovered extensions of these lodes and new mineralised zones altogether.
“It’s hard not to be optimistic about the chances of materially growing Bawdwin’s existing world class resource when high-grade, wide extensions of the known lodes are still occurring and seven high priority exploration targets have been identified along strike, awaiting drill testing,” concluded Mr Lamb