Announcement Date: 2022-08-02
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Eastern Metals Ltd.
Project name: Browns Reef
Location: Australia
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 16m @ 4.18% Zn, 1.86% Pb, 0.12% Cu, 11.63g/t Ag, 0.29g/t Au from 292m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Eastern Metals Limited (ASX: EMS, ‘Eastern Metals’ or ‘the Company’) is pleased to announce that assays have now been received from the Company’s follow up diamond drilling campaign at Browns Reef with high grade intersections of sulphide mineralisation identified in all two holes drilled. This has extended the Evergreen Lode approximately 50m to the south with a further two planned holes to be drilled to the north when conditions permit. Browns Reef lies 5km to the west of the town of Lake Cargelligo, approximately 470km west of Sydney. The area surrounding the Browns Reef base-metal deposit is utilised for agricultural purposes, including grazing and cropping The known deposit at Browns Reef occupies a small part of the tenement. Most of the deeper drilling to date has been confined to a zone approximately 2.7km long in the central to southern part of the tenement and is situated on the eastern flank of the interpreted 9km long synclinal structure. Figure 1 shows the interpreted geology of the Browns Reef project area. This drawing also shows the location of the two high grade zones identified by Eastern Metals for further and more detailed follow-up drilling. The northern-most of these zones,
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