Metal Bank Limited (ASX: MBK) – $0.034

05 Sep 2016

Metal Bank Limited (ASX: MBK) has intersected gold mineralisation at the New Constitution prospect within the Triumph Gold Project in southeast Queensland (Figure 1).

 
MBK Triumph Au
 

Figure 1. Location of the Triumph Gold Project (Source: company)

 

 

Two reverse circulation drillholes totalling 121 metres were completed at the New Constitution prospect to define the geometry of near surface gold mineralisation intersected in previous drilling.

 

Highlights from the drill program include:

 

  • 10.0 metres at 26.9g/t gold, 165g/t silver and 6.0% zinc from 51.0 metres including 7.0 metres at 36.3g/t gold, 220g/t silver and 7.9% zinc from 51 metres
  • 3.0 metres at 8.1g/t gold, 79g/t silver from 35 metres

 

 

A total of 17 reverse circulation drillholes at 981 metres have been completed at the Triumph Gold Project. Results from the remaining 15 drillholes will be released once available.

 

 

For further information, visit metalbank.com.au

 

 

Resources Stocks to Watch (RSTW) is the leader in research on over 600 ASX listed micro to small-cap mining stocks and commodities. We are independent and do not accept commissions. We tell it like it is. Our reports are researched by experienced geologists and resources analysts, the experts in the field.

 

 

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