Monday 29 March 2010

Manas Resources hits high grade gold at Shambesai prospect in Kyrgyz Republic

Manas Resources (ASX: MSR) has reported the final infill results from its Shambesai gold prospect in Central Asia’s Kyrgyz Republic.

Shambesai has again returned high-grade drill intersections and extensions to the margins of the mineralised zone on the company’s Isfairamsai licence. 

Recent drill results returned from infill drilling of the 1.2 kilometre long, 390,000-ounce Inferred Mineral Resource at the Shambesai prospect include: 13m at 1.66g/t gold from 84m and 6.9m at 11.4g/t gold from 126m in hole SHDDH177; 8.8m at 2.68g/t gold from 28m including 5.5m at 4.16g/t gold from 28m in hole SHDDH181 and 14.2m at 1.27g/t gold from 77m including 1m at 7.90g/t gold from 87m in hole SHDDH164.

These results are from the final round of assays of the now completed 92-hole program for more than 10,000m of infill drilling at the main gold mineralised zone of the Mineral Resource area at Shambesai.

Final results for the Shambesai West extensions are expected shortly and will be reported thereafter.

The company said these results have again shown outstanding potential for extensions to the estimated mineralised zone at Shambesai, and the Carlin-style mineralisation exhibits the potential for bulk tonnages with associated high grades zones.

Hole SHDDH177 has intersected two zones of mineralisation below the current mineralised zone, and hole SHDDH164 has intersected a zone of mineralisation approximately 100m to the south of the current resource model.

The aim of the infill drill program is to upgrade the resource status from Inferred, and to significantly increase the Mineral Resource at Shambesai by testing the flanks of the mineralised zone, wide-spaced drilled areas within it, and to test the western extensions.

The main Shambesai mineralised zone remains open at depth, and to the north, south and west
directions. Final results from the western extensions will be released shortly. The company said further drilling will be undertaken upon finalisation of the update resource estimate.

http://www.proactiveinvestors.com.au/companies/news/6032/manas-resources-hits-high-grade-gold-at-shambesai-prospect-in-kyrgyz-republic-6032.html

No comments:

Post a Comment