TIRANA, Nov 10 – Tirex Resources Ltd. announced the second set of drill assays from the Gurthi South No. 2 Zone on the Mirdita Project in Albania saying that the drill hole intersected a 7.10 meter section grading 5.9% Copper, 3.4g/t Gold and 37.5g/t Silver including 4.70 meters grading7.0% Copper, 3.9g/t Gold and 40.8g/t Silver. The intersections are interpreted to be close to true width.
Drill hole MR08-25 was drilled 50m southwest of drill hole MR08-16 which also intersected significant copper and gold mineralization.
These holes were both drilled on the Gurthi South No. 2 target area in the north-central part of the property which is located 2.5km south of the Koshaj Deposit. Earlier this year, Tirex reported several wide intersections of high grade mineralization at Koshaj.
Bryan Slusarchuk, CEO, states, “This high grade hole again shows the potential of the Mirdita District, not only for high grade base metals, but also for excellent gold and silver mineralization. Silver was never assayed for during previous state-run exploration and gold values and gold production numbers were guarded as state secrets. Drilling 3.4 g/t of gold and 37.5 g/t of silver to go along with the 5.9% copper in this hole, again, shows that the VMS mineralizing systems at Mirdita are characterized by both excellent base metal and precious metal content. The strong gold values and silver values reported to date at Gurthi South No. 2 and 2.5km away at Koshaj are being viewed by us as a very big bonus to the excellent base metal numbers the drilling is generating.”
Tirex is a company purpose-built to explore and develop the large 344 square kilometer Mirdita Property in Albania.
Tirex releases Mirdita drill results
Change font size: