These results confirm the continuity and grade of mineralization identified by the June 2010 reverse circulation (RC) drilling program, and lend further, significant support to a potential upgrade to the resource model with potential for a higher grade copper core.
Rubaco and DrillTek, drilling contractors, combined to complete a total of 1,538.73m of diamond core drilling of 22 holes at the Luisha South project in January 2011.
The holes targeted the down dip and southeast extensions of mineralization highlighted by the March 2010 geochemical sampling program and the June 2010 RC drilling program.
The diamond holes in the recently completed program were designed to infill the gaps and further define the extents of the mineralization.
Eight of the nine holes intersected additional intervals of copper and cobalt mineralization beneath the termination depths of the RC pre-collars.
The mineralization is mainly chalcopyrite and carrolite, with locally trace occurrences of malachite and heterogenite (non-sulphide copper and cobalt minerals respectively).
The higher grade assay results from samples collected from this stratigraphic sequence suggest a possible higher grade core of copper and cobalt mineralization.
