Montezuma Mining Company (ASX: MZM) is expecting results shortly from the completed manganese focused reverse circulation drilling program at the highly prospective Butcherbird Manganese/Copper Project.
Importantly with the priority targets drilled, visual logging confirms significant manganese mineralisation at Mundawindi, Coodamudgi, Ritchies Find, Ilgarrarie Hill, Cadgies Flat and Ilgarrarie Ridge prospects.
The program comprised 110 holes for 3233 metres, with significant manganese mineralisation intersected in several areas coincident with EM anomalies.
Montezuma said that the mineralisation encountered is consistent with the style identified to date within the project, further confirming the large tonnage potential of Butcherbird.
In addition to the manganese work, a planned ground IP survey over Butcherbird will be conducted in late July 2011.
This was originally scheduled to be completed in parallel with the manganese drilling program, but gear failure prevented the contractor from finishing on schedule.
The IP survey is targeting to identify the highest priority zones along 4 kilometres of strike over which the target shear zone can be traced.
Limited drilling along this target corridor in 2010 confirmed the presence of a significant zone of copper sulphide mineralisation and it is regarded as a priority exploration target.
Drilling of these targets will be completed once the IP program is complete.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/17477/montezuma-mining-company-manganese-bulk-tonnage-potential-grows-at-butcherbird-17477.html
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