04 July 2011
Drilling success Mud-house Gold Prospect (Inner Mongolia)
Summary
Following early success from RAB drilling at its Mud-house prospect (100% owned
Sonid North project) King Solomon has now received assay results showing 8
significant gold intersections from diamond drill-holes. Better intersections include
4.0 metres at 11.4 g/t Au and 0.7 metres at 8.0 g/t Au
Follow up diamond drilling at this emerging gold discovery is planned to establish
correlations between these intersections and to explore for extensions to, and
repetitions of, the mineralised structures.
The Directors of King Solomon Mines Limited are pleased to advise that all assay
results from a recently completed first phase diamond drilling program at its Mudhouse
prospect in Inner Mongolia, have now been received.
Using a 1.0g/t Au cut-off, the nine hole for 1,912m program has yielded eight
significant intercepts as tabled below.
|
HOLE No.
|
FROM (m)
|
TO (m)
|
WIDTH (m)
|
Au (g/t)
|
Ag (g/t)
|
As (ppm)
|
|
SND002
|
40.6
|
42.2
|
1.6
|
2.64
|
1.1
|
217
|
|
|
113.3
|
116.4
|
3.1
|
2.96
|
35.1
|
844
|
|
SND004
|
150.0
|
151.1
|
1.1
|
1.03
|
3.6
|
2,150
|
|
|
203.0
|
204.0
|
1.0
|
3.24
|
1.1
|
129
|
|
SND006
|
134.3
|
135.0
|
0.7
|
8.01
|
5.6
|
666
|
|
SND009
|
182.0
|
186.0
|
4.0
|
11.30
|
2.4
|
305
|
|
|
226.0
|
228.0
|
2.0
|
1.04
|
2.8
|
520
|
|
|
272.0
|
274.0
|
2.0
|
1.82
|
<0.5
|
3,540
|
SND002 assay results have been released previously.
The tabled intercepts are from moderately steeply-dipping Au ± Ag ± As mineralised structures occurring within the corridor. Their weighted average grade is 4.8g/t Au and their average width is 2m. They are supported by twenty seven other intercepts of 1.5m or better in the 0.10g/t Au to 0.99g/t Au range. As the drill-hole spacing is still very coarse and the number of holes small, correlation between intersections in these holes requires better definition and the geometries of the mineralised structures have yet to be fully determined.
The diamond drill holes were focused on a 500m long section of a 100+m wide, gold-anomalous corridor that has been traced at surface and by RAB drilling for at least 1.8km. The location of the drill-holes is shown in the accompanying drill plan and collar data is tabled below.
|
HOLE No.
|
EASTING (UTM49N)
|
NORTHING (UTM49N)
|
AZIMUTH (deg)
|
INCLINATION (deg)
|
DEPTH (m)
|
|
SND001
|
714062
|
4845148
|
45
|
60
|
77
|
|
SND002
|
714574
|
4845022
|
190
|
60
|
130
|
|
SND003
|
713925
|
4845015
|
45
|
60
|
117
|
|
SND004
|
714519
|
4844704
|
10
|
60
|
208
|
|
SND005
|
714297
|
4845171
|
180
|
60
|
314
|
|
SND006
|
714298
|
4845020
|
360
|
60
|
231
|
|
SND007
|
713997
|
4845086
|
45
|
50
|
200
|
|
SND008
|
713992
|
4845080
|
225
|
60
|
275
|
|
SND009
|
714528
|
4844752
|
10
|
50
|
360
|
In conjunction with the diamond drilling program, thirty seven RC drill-holes totalling 3,202m were used to define the anomalous corridor; locate potentially Au-mineralised structures therein; and prospect for new gold occurrences outside of the corridor. The RC results have demonstrated quite clearly where follow-up diamond drilling should be focussed and KSO is now planning a diamond drill program that will involve a mix of:
- in-fill drilling aiming at definition of the known structures within the 500m zone referred to above; and,
- step-out exploration drilling along strike from the 500m zone.