Recent drilling on the Higgins property in New Hampshire has outlined a low-grade sulphide deposit at least 700 ft. in length and 600 ft. in true width, says Morgain Minerals (VSE).
Holes 92-5 to 92-10 intersected base metal mineralization associated with two parallel, easterly-trending conductive zones. The widest intersections include 138 ft. grading 0.25% zinc in hole 92-6 and 22.6 ft. grading 1.32% zinc in hole 92-8.
Higher-grade zones within the envelope include 5.1 ft. grading 4.8% zinc, 0.2% lead and 0.17% copper and 4.2 ft. grading 2.29% zinc, 0.02% lead and 0.11% copper.
Morgain says ground geophysical results suggest the mineralization, which lies within a series of altered volcanic rocks, continues for an additional 600 ft. along strike. Indications that the base metal values increase at depth will be tested during the next drill program.
An old hole which reportedly returned 7% combined lead-zinc and 0.55% copper over 33 ft. has not yet been located.
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