Release: Herald Resources: Dairi project ? Lae Jehe prospect
Excellent drill assay results to extend resources
Thursday, July 21 2005 - 01:58 AM WIB
July 21, 2005 ? SOP166D, the first hole of a new programme, intersected high grades in massive sulphides from depths of 506.04 - 513.00m and 513.46 - 514.90m with additional bands of sulphides between 522.95 ? 525.75m. Assay results have now been received and are tabulated below:
The massive sulphides in SOP166D are 170m along strike, to the north, from drill hole SOP60D which intersected 17.7m at 10.6% Zn, 5.0% Pb and they are also 100m down dip from SOP59D which intersected 15.3m at 6.2% Zn, 3.3% Pb which included 6.0m at 10.0% Zn, 5.6% Pb. The newly intersected massive sulphides thus extend the previously announced inferred mineral resources at Lae Jehe which were estimated at 8.2Mt at 7.7% Zn and 4.1% Pb. These resources have not been included in the Dairi Feasibility Study, which was based solely on the Anjing Hitam deposit situated 1.5km away (Reserves 6.6Mt at 15% Zn, 9% Pb).
All widths reported are downhole intervals. The estimated true widths of these intersections are approximately 90% of the downhole intervals. (end of release)