High Grade Resource Potential in Newly Defined Tres Amigos North

Click to access 110517-High-Grade-Resource-Potential-in-Newly-Defined-Tres-Amigos-North.pdf

Consolidated Zinc Limited (ASX:CZL) is pleased to confirm the presence of high grade zinc and lead mineralisation intersected in the Company’s initial six drillholes completed at the recently identified Tres Amigos North (TRN) zone (LV5013 to LV5018). This zone is found in the immediate hanging wall to the Juarez Limestone Unit and sits outside of the current high grade JORC resource envelope (Figure 1). Consolidated Zinc Managing Director Will Dix commented “This again confirms our view that there is significant untapped mineralisation accessible from within the existing mine infrastructure. I expect this new drilling at Tres Amigos North and that recently identified at Carola South will add significant tonnes to our existing JORC resource base.” The results are preliminary as nine of the samples submitted for assay returned grades above 30% zinc. This is greater than the ore grade analysis method used and the samples have been resubmitted for “concentrate grade” analytical methods. These results are expected to be returned at the end of the week and the Company plans to release a full interpretation and analysis of the results at this time.

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