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From: Nigel
ArtDate: 30th November 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 87.74.94.219
Date: 10/12/06
Time: 09:34
30th November 2006
Leyshon Resources Drilling Results at Zheng Guang Project
News Item - Conduit PR
Leyshon intersects over 100 metres of gold and zinc mineralisation at its Zheng Guang project, China
Leyshon Resources Limited ("Leyshon") (AIM & ASX: LRL) today announces that it has intersected over 100 metres of gold and zinc mineralisation including some very high grade zinc assays during its drill programme to extend and upgrade resources at the Zheng Guang project in Heilongjiang, northeast China.
The latest results from 5 diamond drill holes include ZGD128 which intersected a 50 metre wide zone of stacked veins at low to moderate angles and confirmed the down-dip continuity of the mineralisation reporting a cumulative length of 103 metres of gold and zinc mineralisation from 34 metres below surface.
Significant intersections include:
23 metres at 5.13 g/t gold, 1.41% zinc and 12g/t silver; 34 metres at 3.75 g/t gold, 4.64% zinc and 30g/t silver; and 12 metres at 4.23 g/t gold, 7.07% zinc and 34g/t silver.
The zinc assays were higher than expected and increased with depth. The highest individual assay was 23.83% zinc from 252 - 253 metres (as well as 10.44g/t gold and 77g/t silver).
Holes ZGD138 and ZGD141 were designed to test the mineralisation previously found on line 49,100N. It has been previously reported, throughout the 2006 programme, that the change from sub-vertical to angle drilling has resulted in a better intersection of the mineralised zones.
ZGD141 intersected similar gold grades to the vertical hole ZGD015, but with much higher zinc values and over increased widths.
ZGD140 is a sub-vertical hole which has intersected over 30 metres of mineralisation to a depth of 360 metres. Because of the different perspective between angle and sub-vertical holes, mineralisation intersected by ZGD126 was to the east of ZGD140 on line 49,450N.
The diamond drill programme has now concluded and to date assay results from 35 of the 50 holes drilled have been released. Further results from the remaining holes will be reported as soon as they are received. The programme comprised a total of 13,006 metres of mainly angled holes drilled 60 degrees to the east and included two holes (ZGD152 and 153) which were drilled for metallurgical purposes. Drill hole locations are shown below.
A reverse circulation drilling programme designed to test the economically significant near surface oxide material is now complete and the results from the 16,200 metres of drilling will be reported as soon as they are received.
Managing Director Paul Atherley commenting today said "These latest results have confirmed that the Main Ore Zone comprises broad zones of high grade gold and zinc mineralisation which are open at depth and which we expect to have a positive impact on the new resource estimate."
For further information contact:
Paul Atherley - Managing Director
Tel: +86 137 1800 1914 Mob: +61 417 475 038 www.leyshonresources.com
Leesa Peters/Jos Simson Conduit PR Tel: +44 (0) 20 7429 6600 Mob: +44 (0) 781 215 9885
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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