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Chrysalis Resources compiles historic zinc assays from Gregory Range, Western Australia

Published: 14:20 28 May 2014 AEST

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Chrysalis Resources (ASX:CYS) has conducted an open file (WAMEX) data compilation across the recently granted Gregory Range Project tenements in Western Australia, revealing numerous significant lead and zinc intercepts.

These included 26.3 metres at 0.46% zinc from 160.9, 22 metres at 0.37% zinc and 0.1% lead from 104 metres, and 14 metres at 0.32% zinc and 0.44% lead from 113 metres.

The results are from the Baton prospect which was drilled by WMC, BHP and MIM between 1985 and 1996.

They also coincide with a conductivity anomaly identified in the Geoscience Australia airborne electromagnetic survey conducted during 2007 and 2008.

Nifty style” sediment hosted zinc, lead and copper mineralisation is located within dolomitic breccias associated with a major east-north-east-dipping fault that separates carbonaceous siltstone and crystalline carbonate units.

Infill drilling and follow-up drilling along strike is planned.

Chrysalis is actively seeking Joint Venture partners for this project, and will continue its focus on copper exploration in Zambia.

 

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