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From: Nigel
ArtDate: 2nd November 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 87.74.94.128
Date: 21/11/06
Time: 00:06
2nd November 2006
Leyshon Resources Drilling Results at Zheng Guang, China
News Item - Conduit PR
Leyshon further extends the gold and zinc mineralisation at its Zheng Guang project, China
Leyshon Resources Limited (“Leyshon”) (AIM & ASX: LRL) today announces that it has further extended the gold and zinc mineralisation during its drill programme to expand and upgrade resources at the Zheng Guang project in Heilongjiang, northeast China.
The latest results from 11 diamond drill holes located along the western and northern boundaries of the known mineralisation have extended the Main Ore Zone over 250 metres to the northwest.
Two holes drilled in a northerly direction to test for east-west orientated veins reported very encouraging intersections including:
ZGD117 5 metres at 2.84 g/t gold, 10 g/t silver and 0.53% zinc; and 5 metres at 2.78 g/t gold, 11 g/t silver and 2.33% zinc; and 14 metres at 1.97 g/t gold, 8 g/t silver and 0.89% zinc; ZGD 124 7 metres at 9.55 g/t gold, 12 g/t silver and 2.65% zinc; and 13 metres at 3.99 g/t gold, 23 g/t silver and 2.77% zinc.
These intersections are important as they indicate that high grade mineralisation is not limited to the dominant north south orientated veins and suggest that as a result additional mineralisation can be expected to be encountered during mining operations.
The diamond drill programme has now concluded and to date assay results from 30 of the 50 holes drilled have been released. Further results from the remaining holes will be released shortly. The programme comprised a total of 13,006 metres of mainly angled holes drilled 60 degrees to the west and included two holes (ZGD152 and 153) which were drilled for metallurgical purposes. Drill hole locations are shown below.
The reverse circulation drilling programme to date has completed 15,000 metres out of a planned 20,000 metres and is due to be concluded in mid November.
Managing Director Paul Atherley commenting today said “These latest results have further extended the Main Ore Zone to the northwest and we expect this to have a positive impact on the new resource estimate.”
For further information contact:
Paul Atherley - Managing Director Leesa Peters/Jos Simson - Conduit PR Tel: +86 137 1800 1914 Tel: +44 (0) 20 7429 6600 Mob: +61 417 475 038 Mob: +44 (0) 781 215 9885
http://www.leyshonresources.com
Jos Simson Conduit PR Ltd 76 Cannon St EC4N 6AE Direct: +44 (0) 20 7429 6603 Office: +44 (0) 20 7429 6666 Fax: +44 (0) 20 7429 6699 Mob: +44 (0) 789 987 0450
www.conduitpr.com
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