Caprice Resources Ltd (ASX:CRS) has received exceptional results from the first hole of reverse circulation drilling at the Lady Sampson prospect, 40 kilometres southeast of its Northampton Polymetallic Project in Western Australia.
The drilling program of 11 holes for 938 metres is the first of its kind in the area, and is targeting base metal mineralisation over 750 metres of strike.
Highlighted results include:
- 14 metres at 7.6% lead, 1.1% zinc and 3.1 grams per tonne silver from 39 metres, including 6 metres at 11.4% lead, 1.7% zinc and 4.4 g/t silver from 40 metres; and
- 3 metres at 4.2% lead, 2.2% zinc and 4.6 g/t silver from 67 metres.
Caprice Managing Director Andrew Muir said: “Given this is the first drilling in this area, we see these initial results as exceptional.
“The high grades and polymetallic nature, in addition to the presence of at least two zones, demonstrate the potential of the Lady Sampson Prospect.
“While we have only received the first hole to date, we recognise the significance of these results and will look to fast track follow up drilling at Lady Sampson.”
The remainder of the assays are expected in the coming weeks and follow-up drilling is to be fast-tracked with planned well advanced.
