The aim of the hole was to test the depth of the Ming Massive Sulphide and Lower Footwall zones and Norman Williams, president and chief executive, said the results were very encouraging.
"This drill hole is 300m from the known reserves and supports our understanding that grades and thickness of the LFZ are improving at depth.
“Continued drilling throughout the fall will be targeted to further expand the LFZ mineralization as we work through our Phase III engineering studies.”
Mineralized intersections included 6.30m of 2.85% Copper with 2.99 g/t Gold in the MMS zone and 40m of 1.42 % Cu in the LFZ, including 7.57 meters of 2.27% Cu.
The diamond drill hole went down to a depth of 1771m and five additional holes are planned to explore for new mineralisation over an area of one kilometerebelow the current known reserves.
WATCH: 'We have a great story with big scale-up opportunities' - Rambler Metals & Mining's Norman Williams
"In addition to the LFZ, this surface diamond drill hole also intersected the high grade massive sulphide zone approximately 640 meters down plunge from an active mining front in the Ming South Zone.”
“Confirmation of the depth extension of the parallel high grade massive sulphide zones, including the Ming North, Ming South, 1806 and the 1807 Zones, with further drilling could allow for the continuation of the blending strategy currently being deployed at the operation.“