NEWFOUNDLAND – Recently completed drilling by Vancouver’s Canadian Zinc Corporation has cut additional massive sulphide mineralization at the South Talley Pond project near Millertown in the central part of the province. Nine of the 15 holes drilled intersected significant base and precious metals mineralization at the Lemarchant deposit.
Hole LM13-88 in the Lemarchant deposit returned 8.84% Zn, 1.31% Pb, 1.32% Cu, 72.84 g/t Ag, and 2.13 g/t Au from 211.7 to 2.14.1 metres below surface. From 214.1 to 238.0 metres the same hole assayed 3.36% Zn, 0.01% Pb, 0.42% Cu, 6.42 g/t Ag, and 0.27 g/t Au.
The company encountered more massive sulphides at the Northwest zone discovered earlier this year. This zone is located 250 metres northwest of the Lemarchant deposit, and it strikes over 100 metres and remains open. High grades there included an assay of 8.21% Zn, 3.66% Pb, 0.72% Cu, 150.0 g/t Ag and 3.24 g/t Au over 8.7 metres.
Drilling at the North target cut strongly altered felsic volcanic rocks below overlying basalt. The stratigraphy is similar to that associated with the massive sulphides of the Lemarchant deposit to the immediate south.
Canadian Zinc says the South Tally Pond project is only 20 km from the Duck Pond copper-zinc mine belonging to Teck Resources.
More information about South Tally Pond is available at CanadianZinc.com.