Ironbark Zinc (ASX: IBG) has commenced drilling at its 100% owned Peak View copper, lead, zinc, gold and silver prospect to determine the potential extent of the mineralisation at depth and extensional to the south.
Ironbark plans to drill 11 holes for a total of about 1700 metres to follow up on historic WMC drilling at the Peak View prospect located about 50 kilometres south of Captains Flat in New South Wales.
Historic intercepts include 2.1 metres at 11.65% zinc, 5.64% lead and 1.93% copper from 33 metres; and 2.65 metres at 3.89% zinc, 1.46% lead & 5.03% copperfrom 91 metres.
The Peak View prospect hosts outcropping gossans and a recent high resolution soil sampling program identified a north, north-west trending zone of continuous base metal mineralisation that extends north and south of the historic drilling.
The Peak View Project lies within the Lachlan Fold Belt that hosts numerous historic mineral occurrences and mines including the Big Badja Silver Mine and the Macanally Workings.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/19154/ironbark-zinc-commences-drilling-targeting-base-metals-at-peak-view-prospect-19154.html
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