Westmin discovers new massive sulphide zone at Myra Falls

Westmin’s 100%-owned Myra Falls project includes the H-W and Lynx polymetallic mines and a 4,400-ton-per-day mill.

The company said the mineralization was encountered in an area north and about 984 ft below the existing Lynx mine workings. The intersections are reported to be on the same stratigraphic horizon as the ore deposits of the H-W mine located some 3 km away.

Westmin reports that two diamond drill holes placed 196 ft apart intersected 49 ft and 85 ft of pyritic massive sulphides respectively. The best hole so far encountered a 46-ft intersection assaying 0.009 oz gold per ton, 0.604 oz silver, 1.8% copper and 7.8% zinc.

The company said encouraging results were also found in other areas of the Ridge zone consisting of 6.5-ft to 13-ft thick polymetallic ore grade massive sulphide intersections.

Exploration geologist Stephen Juras explained that while it would not be economically feasible to mine these smaller intersections, “they will complement the new Ridge zone discovery should further exploration prove to be successful”.

Exploration drifting is now under way to allow more diamond drilling in the area to determine the total extent of the new discovery.

]]>