ERONGO ENERGY LIMITED | Registered Office: | Postal Address: | Contact Details: |
ACN 114 175 138 | LEVEL 1, SUITE 5, THE BUSINESS CENTRE | PO BOX 131 | TELEPHONE 61 8 6380 1333 |
55 SALVADO ROAD, SUBIACO | SUBIACO WA 6904 | FACSIMILE 61 8 9380 6761 | |
WESTERN AUSTRALIA 6008 | ADMIN@ERONGOENERGY.COM.AU | ||
WWW.ERONGOENERGY.COM.AU |
o KBD10: 4.85m @ 24.8g/t Au from 129m
Diamond drilling programme completed on the Kabotshome Prospect, DRC
Results of remaining four holes expected during Q1 2013
Erongo Energy Limited (ASX: ERN) (the "Company") is pleased to announce the latest results from three diamond drill holes completed on its Kabotshome Prospect, at the Maniema Gold Project ("Maniema Project') in the Democratic Republic of Congo (DRC).
The programme of seven holes for 1,332m tested grade and width over 800m of the mineralised structure on fences drilled 100m apart. The drill holes were drilled deeper than planned due to intersecting extensive shearing.
This drilling follows previous programmes where significant mineralisation was intersected and previous results included:
KBD01: 25m @ 2.17 g/t Au from 74m including 7.25m @ 4.89 g/t Au
KBD02: 16.65m at 2.02g/t from 33.5m including 5.5m at 4.97g/t
KBD03: 18m at 2.03g/t from 68m including 4m at 6.38g/t
KBD06: 20.35m @ 1.63 g/t Au (from 54m) including 11m @ 2.45 g/t Au
KBD07: 20.25m @ 2.5g/t Au (from 319m) including 8m @ 4.03g/t Au and 21.7m @
Latest drilling results from the three holes are shown in Table 1 and Figures 1 and 2. Best intersections included 20m @ 1.85g/t Au from 149m including 6m @ 4.03g/t Au in KBD08 which targeted high grade mineralisation at shallower depths similar to that intercepted in KBD07 (refer above).
Hole KBD09 drilled 100m to the north reported a high grade intercept of 5.13m @ 5.66g/t Au from 102.87m while the northernmost hole, KBD10 reported 4.85m @ 24.8g/t Au from 129m including 1m @ 118.5g/t Au from a quartz breccia with strong magnetite and jasper mineralisation.
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Results from the remaining four holes are expected during the March 2013 quarter after which the Company will assess all drilling data received for the Kabotshome Prospect and plan future work programmes at Maniema. The Company will also assess the mineralised potential of all additional targets identified previously on the Maniema Project.
For further information regarding Erongo Energy, please contact:
Mark Gasson | Simon Hinsley |
Managing Director | Investor Relations |
Tel: +41 798 824 602 | Tel: +61 3 9622 2104 |
Email: mark@gasson.co.za | Email: simon@nwrcommunications.com.au |
Erongo Energy website: www.erongoenergy.com.au.
The information in this report that relates to exploration results is based on information compiled by Mr Mark Gasson who is a member of the Australasian Institute of Mining and Metallurgy. Mr Gasson, the Managing Director of the Company, has sufficient relevant experience in respect of the style of mineralization, the type of deposit under consideration and the activity being undertaken to qualify as a Competent Person within the definition of the 2004
Edition of the AusIMM's "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Gasson consents to the inclusion in this report of the matters that are based on his information in the form and context in which it appears.
Table 1: Summary of Drill Holes and Significant Intersections Received, Kabotshome Prospect, Maniema Project, DRCHole_ID | Easting (mE) | Northing (mN) | EOH (m) | Dip (deg) | Azim (deg) | From (m) | To (m) | Width (m) | Au (ppm) |
KBD08 | 489450 | 9584030 | 380.8 | -50 | 260 | 56.2 | 56.6 | 0.4 | 2.01 |
72.5 | 72.9 | 0.4 | 1.27 | ||||||
76 | 76.5 | 0.5 | 1.92 | ||||||
149 | 169 | 20 | 1.85 | ||||||
incl | 149 | 155 | 6 | 4.03 | |||||
KBD09 | 489376 | 9584132 | 191.3 | -50 | 260 | 102.87 | 108 | 5.13 | 5.66 |
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Figure 1: Drill hole locality map showing completed drill hole positions along the Kabotshome
Structure
489100 489300 489500
OPEN
9584200
9584000
9583800
KBT06
N 9584200
9584000
9583800
Borehole & Trench Locality Map
PR4804
D Potentially Mineralised Shear Zone with porphyry intrusions
D Clastic Sediments & Conglomerates
DQuartz Vein
DMafie Volcanics
o Planned Drill holes KBT07
250 Metres
489100 489300
3
OPEN
9583600
Figure 2: Section 9584025NWest
- 650
600
550
500
Trench KBT02 t
'
'
East
650
600
550
500
450
l l
l l 450
l l l l l l l l l l
l l l l l l l l
l
l
400 400
DMineralized shear zone
(pytite,silica alteration
380.8rn and porphyryintrusion)
DClastic sediments
350 DQuartzVein 350
D Mafie Volcanics with Magnetite
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