Silver Standard finds new zone

A new lens of lead-zinc-silver mineralization has turned up in drilling at the Bowdens property in New South Wales, Australia. Operator Silver Standard Resources (SSO-V) identified the new zone in three drill holes on the property’s Bundarra North zone.

The zone appears to have a strike length of 150 metres, and the best hole, no. BGD-026, returned grades of 20.5% lead, 12.65% zinc and 4,850 grams silver per tonne over a core length of 1.25 metres. A second hole, BGD-029, intersected a 1.2-metre core length grading 20.5% lead, 3.54% zinc and 1,140 grams silver per tonne.

One other hole, BGD-027, cut the lens, encountering 1 metre grading 3.62% lead, 7.06% zinc and 756 grams silver per tonne. All three holes showed much wider haloes of low-grade mineralization surrounding the main mineralized intersections.

Infill drilling on another structure, the Main zone, confirmed grades and thicknesses encountered in previous drilling, with around 0.7% combined lead and zinc.