Berkeley Energia says additional high grade intersections have been recorded below the Zona 7 deposit, further supporting previous indications of continuity of mineralisation beneath the current defined resource.
Results from a further four holes drilled through the near-surface Zona 7 deposit and extended to a maximum depth of 271 metres have reported grades consistent with, or higher than, the average grade of the Zona 7 resource.
Outstanding intercepts include:
- 14 metres @ 1,776 ppm U3O8 incl. 8 metres @ 2,644 ppm U3O8
- 26 metres @ 1,103 ppm U3O8 incl. 4 metres @ 3,973 ppm U3O8
- 10 metres @ 635 ppm U3O8 incl. 1 metre @ 2,246 ppm U3O8
- 14 metres @ 597 ppm U3O8 incl. 2 metres @ 1,204 ppm U3O8
- 17 metres @ 563 ppm U3O8 incl. 2 metres @ 1,160 ppm U3O8
The drilling at Zona 7 is part of the ongoing exploration programme across numerous key targets at the Salamanca project.
The drilling beneath Zona 7 complements three holes drilled earlier this year in which broad, high grade intersections were reported at up to 14 metres @ 4,481 ppm U3O8 (please refer to announcement on 27 January 2016).
Managing director Paul Atherley said: "Given the transformational effect the shallow, high grade Zona 7 deposit has had on the project's economics the primary focus of the current exploration program has been to look for more of the same. Further high grade intercepts located immediately below Zona 7 are extremely encouraging and point to potential resource upside at the deposit."
At 9:05am: (LON:BKY) Berkeley Energia Ltd share price was +2p at 45p