Montezuma Mining
Montezuma has in excess of 3,000 km2 of exploration tenure in Western Australia, with multi-commodity prospectivity including gold, copper, nickel and uranium targets.
The portfolio centrepiece is the Peak Hill gold mine which has produced in excess of 900,000 oz of gold and has existing resources in excess of 200,000 oz of gold.
Montezuma Mining announces results from first past testing of Windsor Gold Zone
Montezuma Mining (ASX: MZM) has received the assay results from first pass testing of the Windsor gold zone discovered to the south of the known Resource within the Durack Project area.
A total of 12 holes were completed for 1,457m to test the extensions of mineralisation intersected in discovery hole D09002, which returned a best intersection of 33m @ 1.89 g/t gold including 3m @ 3.52 g/t and 7m @ 5.32 g/t.
Seven out of the twelve completed holes intersected significant gold mineralisation and the mineralised zone remains open in all directions. Work will now turn to understanding the controls on mineralisation so that the next round of work can focus on targeting the thicker, higher grade sections of the orebody.
The results include D09016 6m @ 1.8 g/t, D09022 6m @ 2.81g/t, 3m @ 2.04 g/t 6m @ 2.61g/t, D09027 4m @ 2.66g/t.
Mineralisation at Windsor is structurally complex, with a strong tendency to pinch and swell in size and position. Gold is associated with siliceous, sericite alteration with minor pyrite within quartz stringers.
Other Montezuma Mining articles
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05/08/09 Montezuma Mining waits with baited breath as Sinosteel Midwest commences drill program at Mt Padbury
Other Montezuma Mining news
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20/01/10 Montezuma Mining receives grades of up to 45.7% from rock sampling at Butcher Bird
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08/12/09 Montezuma Mining reports high grade iron mineralisation intersected at Mt Padbury
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02/12/09 Montezuma Mining announces major shareholder in Subscription Agreement
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25/11/09 Montezuma Mining recommences drilling at Windsor Discovery Zone
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20/10/09 Montezuma Mining on track to kick off exploration at Peak Hill
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12/10/09 Montezuma Mining waits for assays at Mt Padbury
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18/08/09 Montezuma Mining tests tenements abutting historic Butcher Bird Copper mine
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10/08/09 Montezuma Mining nails large increase in Jubilee gold resource at Peak Hill Project
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09/07/09 Montezuma Mining drills Peak Hill and returns high grade gold intersections
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02/06/09 Montezuma Mining commences RC drilling at Peak Hill with high hopes to increase gold resource
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