AusQuest Limited : Anomalous Drill Results from Dundas
01/17/2012 | 11:39pm
January 18, 2012
ASX Release
HIGHLY ANOMALOUS DRILL RESULTS FROM DUNDAS
AusQuest Limited (ASX: AQD) is pleased to advise that results
from the recently completed reconnaissance RC drilling
program at the Dundas Project, 100km ESE of Norseman in
Western Australia, has identified broad zones (~30 metres) of
highly anomalous base metal mineralisation, with peak values
up to 26g/t silver (Ag), 4200ppm zinc (Zn), 772ppm lead (Pb),
2570ppm copper (Cu) and 101ppb gold (Au) plus several narrow
intersections of gold- only mineralisation with values up to
4.1g/t Au.
The drilling program comprised 20 holes for 1,916 metres, and
was designed to provide an initial test of gold (+/- Cu, Zn
and Ag) anomalies outlined by an earlier shallow RAB drilling
program (35m average hole depth).
Widely spaced (>800m) drill sections were completed over
four targets with single section tests over the two central
anomalies (see Figure 1). Two drill sections were completed
over the southernmost target. Drilling depths varied from 80
to 100 metres.
Thick zones (up to 30 metres) of highly anomalous silver and
base metal values were reported from the central targets,
including higher grade intervals of:
