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Boab Metals (ASX:BML) reports exciting initial results at Sorby Hills

Highlights

  • Boab Metals completed a diamond drilling program with 59 holes drilled for 5,284m at its Sorby Hills project.
  • Initial assays at the Beta and NW Omega deposits highlight the drilling success of the Phase V drilling.
  • The Company intends to undertake RC drilling at the Beta deposit while Eight Mile work includes soil sampling and RC drilling.

Boab Metals Limited (ASX: BML) is encouraged by initial assays from the Phase V drilling program conducted at its 75%-owned Sorby Hills Pb-Ag-Zn Project in Western Australia. The results confirmed significant Stratabound mineralisation at the Beta deposit while assays at NW Omega confirmed extensions to the mineralisation envelope.

RELATED ARTICLE: Boab Metals Marches Ahead with Encouraging Results from Sorby Hills’ Phase V Drilling

The Company wrapped up the diamond drilling program consisting of 59 holes drilled for 5,284m. The program also saw an addition of 16 new drill holes (1,600m) to follow up prospective leads arising from the ongoing drilling.

RELATED ARTICLE: Boab Metals’ (ASX: BML) Sorby Hills access set to significantly improve with Moonamang Road upgrade

Omega Northwest to underpin further mining inventory

At Omega Northwest, 19 holes had been completed, with some holes collared as infill holes targeting structurally controlled mineralisation. The Phase V drilling added at least a 120m strike to the stratabound mineralisation northwest of the current deposit's boundary. The results received for the Omega northwest area are significant, expected to underpin further mining inventory for the Sorby Hills project.

RELATED ARTICLE: Boab Metals attends Diggers & Dealers mining forum, company points to a bright future

Source: Copyright © 2021 Kalkine Media, Data Source: BML ASX update, dated 25 August 2021

Alpha and Beta Deposit returns significant results

The Phase V drilling of Alpha and Beta is the first time the deposits have been targeted by Boab since acquiring the Project in 2018. These deposits consist of some of the highest-grade silver results across Sorby Hills, with Resources of 2.0 Mt at 5.0% PbEq.

RELATED ARTICLE: Boab Metals Limited (ASX:BML) snaps up Manbarrum Zinc-Lead-Silver Project to expand resource base

Significantly, the Company drilled four holes at the Alpha deposit and five holes at the Beta deposit. The drilling confirmed the current geological model and the fault as the major host to the zinc-silver dominated mineralisation. Moreover, drilling also confirmed that the mineralisation at the Beta deposit manifests as a stratabound lens like that found at the Omega, Norton, and B-Deposits.

Assay results are pending, with additional drilling of the Alpha and Beta deposits representing a considerable opportunity to expand the Sorby Hills mining inventory.

ALSO READ: Eye on Sorby Hills DFS, Boab Metals (ASX:BML) makes serious strides in June quarter

B-Deposit can extend resources

At the B Deposit, 15 drill holes have been completed after five additional holes were added to the 10 drill holes that were initially planned. At present, there are no assay results available for the B Deposit. However, the Company anticipates a mineral resource upgrade as a result of the Phase V drilling.

Targets outside of existing resources envelopes

Target #1, referred to as the Wildcat Prospect

It represents a historic intercept that Boab initially followed up in 2019 with three RC drill holes. SHMD_087 was drilled as a twin diamond drill hole which intersected:

  • 4m @ 2.63% Pb & 17g/t Ag from 5.6m downhole
  • 5m @ 1.26% Pb & 9g/t Ag from 11.0m downhole
  • 5m @ 1.60% Pb & 17g/t Ag from 19.5m downhole

Target #2 is located ~500m to the west of the Norton deposit

Target 2, identified as a prospective follow-up target, has a historic intercept with anomalous zinc content between 50 and 80m below surface. Moreover, it also has an association with a significant NNE striking gravity lineament.

Patchy lead mineralisation was intersected in SHMD_083 between 36 and 66m downhole with the best intercept includes 5m @ 1.31% Pb and 6g/t Ag.

RELATED ARTICLE: Boab Metals (ASX: BML) Fast tracking Sorby Hills development in the booming lead market

Road Ahead for Field Exploration

Boab's technical team has concluded that additional infill drilling would be required at the Beta deposit before applying a high-confidence Resource classification. The diamond drill holes completed so far have improved confidence about the style of mineralisation.

Source: Copyright © 2021 Kalkine Media, Data Source: BML ASX update, dated 25 August 2021

BML shares closed the day’s trade at A$0.385.

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