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LEVON REPORTS EXCELLENT PHASE 2 BULK TONNAGE AG, AU, ZN, PB DRILL RESULTS, OPEN TO EXPANSION IN TWO DISCOVERY ZONES AT CORDERO PROJECT, CHIHUHUA, MEXICO
Levon Resources, Ltd is pleased to report the final Phase 2 drill assay results for 27 core holes in two zones at the Cordero silver, gold, zinc, lead bulk tonnage property, located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico. These results continue to expand the Pozo de Plata Diatreme and Cordero Porphyry discovery zones, which remain open in plan and at depth. Currently Phase 3 offset definition, delineation and exploration drilling is being laid out.
Highlights
Some of the significant drill intercepts include 118 metres grading 51 g/T Ag, 0.397 g/T Au, 0.41 % Zn, 0.96% P (117 g/T Ag equivalent) in hole C10-46 at the north edge of the Pozo de Plata drill grid and 100 metres grading 72.8 g/T Ag, 0.425 g/T, 0.97 % Zn, 1.11% Pb (162 g/T Ag equivalent) in hole C10-35 in a west part of the drill grid.
Vertical hole C10-60 was collared south of previously announced drill hole C10-39 at the southern edge of the drill grid.
Starting from 4 metres depth, C10-60 intersected 100 metres that grades 31.7 g/T Ag, 0.08 g/T Au 0.34% Zn and 0.38% Pb, and a deeper interval starting at 228 metres of a 62 metre core interval grading 22.3 g/T Ag, .012 Au, 2.05 % Zn and 0.43% Pb, this intersection remains open to the south.
Table 1 lists calculated drill intercept composites for the 27 holes. Reported lengths (Table 1) are drill intervals only as true widths are unknown. Table 2 lists the hole locations.
Table 1. Drill intercept composites for the final 27 holes in the Pozo de Plata and Porphyry zones of the Phase 2 Cordero drilling program
Hole |
Zone |
from (m) |
to (m) |
length (m) |
Ag (g/T) |
Au (g/T) |
Zn % |
Pb % |
Ag Eq.(g/T)* |
C10-21 |
|
Composites below cut off |
|
|
|
|
|
C10-27 |
Porphyry |
88 |
96 |
8 |
21.3 |
0.042 |
0.52 |
0.22 |
46 |
|
|
208 |
248 |
40 |
22.7 |
0.070 |
0.38 |
0.41 |
50 |
|
|
276 |
292 |
16 |
20.5 |
0.005 |
2.77 |
0.40 |
113 |
|
|
310 |
334 |
24 |
17.9 |
0.022 |
0.26 |
0.31 |
36 |
C10-29 |
Porphyry |
70 |
82 |
12 |
60.6 |
0.490 |
0.61 |
0.35 |
121 |
|
|
116 |
148 |
32 |
149.7 |
0.030 |
1.48 |
1.72 |
245 |
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