Variscan's Managing Director & CEO,
Importantly we are expanding zones of mineralisation through drilling success and also seeing new opportunities to expand tonnages by connecting mineralised trends within the deposit. Drilling has so far doubled the length of the lower lenses running beneath the Los Caracoles Trend to over 300m. It is worth remembering that prior to the commencement of underground exploration drilling by Variscan, the existence of these lower mineralised lenses was completely unknown.
The continuing occurrences of high-grade zinc mineralisation immediately below the main gallery level in multiple sections of the mine is very important for defining our high-grade inventory and future development scenarios. There are further assays that we are awaiting results on and we will update the market on as soon as practicable. We note the very favourable performance of the zinc price and believe that the outlook should remain strong.
Variscan is currently assessing how to utilise the existing infrastructure and new zones of mineralisation at the
Contact:
Tel: +44 (0) 7799 694195
Email: stewart.dickson@variscan.com.au
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