SG:Celeste Copper unveils significant drill results from Cornish project
Celeste Copper Corporation unveiled Monday recent infill and lode extension drill results from its Cornish minerals project in Cornwall, UK.
The selected intersections represent significant zones of mineralization of both high grades and in some cases disseminated enrichment. The drill results show high polymetallic grades and a number of wide intersections of tin, copper, zinc, tungsten and indium mineralization.
Highlights included 19 meters of 0.72% tin and 0.2% copper in hole DD1142 and 3 meters of 1.63% tin in hole DD1134. In addition, hole DD1144 returned 10 meters of 0.32% tin, 0.93% copper and 2.33% zinc.
In fill drilling is consistently intersecting predicted en echelon mineralization in line with the company's target for an upgraded resource by mid 2012. The drilling results are from five separate known mineralized zones and a number of previously unknown lodes contained in the Dolcoath mineralized group. These areas contain the inferred resource modeled by Micromine with the latest results infilling the blocks to upgrade resources and increase confidence.
The targeted zones intersected are part of a large drilling campaign aimed at developing mineable blocks for short term mine production.
Mr Farhad Abasov executive chairman of Celeste Copper said that "I am very encouraged by the assay results from the first batch of our drill holes. These results pleasantly surprised management with some holes yielding over 1% of Sn. These positive results will enable us to accelerate our drill program in order to update our 43-101 compliant resource expected in May 2012."