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JACKSON MINERALS LTD: ASX RELEASE |
12 February 2008
JACKSON DISCOVERS HIGH-GRADE LEAD AND SILVER AT BOOLALOO PROJECT, PILBARA
Highlights:
- 20% Lead + 30.4 g/t Silver
- 6.6% Lead + 11.0 g/t Silver
- 10 m @ 1.13% Copper + 0.3 g/t Gold
- 1 m @ 14.1 % Copper
- 1 m @ 12.3 % Copper
- 1 m @ 9.34 % Copper
- 1 m @ 6.06 % Copper
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Ground geophysical surveys are planned to continue in May/June 2008, and will test for mineralisation in areas of cover at Boolaloo.
Australian-based uranium and precious metals exploration company Jackson Minerals Limited (“Jackson” of the “Company”) (ASX: JAK) has discovered the presence of high grade silver
and lead mineralisation in quartz veins at its 100% owned Boolaloo Copper-Gold Project in the Pilbara region of Western Australia.
Work at Boolaloo has centred on the Minga Bore area, a new discovery which has numerous exposures of high-grade copper and gold mineralisation. Most of these anomalies have yet to be drill
tested.
The Company’s discovery at the “Eagles Rest Prospect” is 5 kilometres to the east of the discovery area at K15/K16 and is the result of exploration focussing on regions of geochemical and structural complexity. Eagles Rest is a two kilometre long open-ended coincident copper/gold and lead/silver/manganese soil anomaly.
The size and intensity of alteration and mineralisation at this prospect indicates it is a priority target for the Company.
Download the full ASX Announcement by clicking here.
Level 2, 41-43 Ord Street West Perth WA 6005 PO Box 1916 West Perth WA 6872 Ph: +618 9211 5777
Fax: +618 9211 5700 info@jacksongold.com.au www.jacksongold.com.au ABN 44 099 574 991
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VanEck Vectors Global Alternative Energy ETF
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CODE : JAK.AX |
ISIN : AU000000JAK3 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Jackson Minerals Ltd is a exploration company based in Australia. Jackson Minerals Ltd is listed in Australia and in Germany. Its market capitalisation is 1.5 millions as of today (US$ 941 694, € 652 783). Its stock quote reached its highest recent level on October 10, 2003 at 0.32, and its lowest recent point on June 05, 2009 at 0.03. Jackson Minerals Ltd has 47 442 200 shares outstanding. |