Polish Projects
RADZIMOWICE GOLD PROJECT EXPOSES POTENTIAL FOR SIGNIFICANT DOWN DIP EXTENSIONS OF GOLD VEIN SYSTEMS:
- HISTORICAL GRADES OF 10 – 44g/t Au
- HIGH GRADE GOLD, SILVER AND COPPER CONFIRMED IN DIAMOND DRILLING PROGRAMME MARCH 2011
- ALEXANDRA VEIN, LUIS SHAFT: 13.6% Cu, 371g/t Ag, 3.24g/t Au
RADZIMOWICE GOLD PROJECT, POLAND
(Northern Mining Limited 90%)
Commencement of Work Programs
A three dimensional model digitised by CSA Global from a series of historical mining plans sourced from Poland and dating back to the 1910’s was used in the assessment of the mineralisation potential of Radzimowice and for the planning of future exploration programmes. It has highlighted the potential for significant down dip extensions to the mineralized vein system and the possibility of remnant mineralisation proximal to historic workings, where historic grades of 10–44g/t Au were recorded.
Northern Mining is examining the potential down dip extension of the vein system.
A successful diamond drilling programme was carried out in March 2011 (refer ASX announcement dated 19 May 2011).
NB: It is important to state that at this point in time, this target is conceptual in nature and that there has been insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource
RADZIMOWICE HISTORIC GOLD MINE:
There are two major areas of mineralization, referred to as the south and north. The northern mineralised ore field is located between the Arnold and Luis shafts and contains five major mineralised veins namely Olga, Wanda, Alexandra, Maria, and Klara. The Miner’s Consolation vein lies to the south of the Arnold shaft within the southern ore field. These veins are typically 180 to 320m long and 6 to 20 mm wide, except for the Miner’s Consolation vein which is more than 2.4 km in length, 1.4m thick and extends to at least 240m in depth.
GOLD, SILVER, ARSENIC, COPPER FOCUS HISTORIC GOLD MINE: TOTAL CONCESSION AREA 10.86KM2
SZKLARY LATERITE NICKEL PROJECT, POLAND
(NMI 90%)
| Cut Off Grade (%Ni) | Ore Tonnes (millions) | Average Grade (%Ni) | Contained Nickel (tonnes) | Classification |
|---|---|---|---|---|
| 0.3 | 16.8 | 0.6 | 94,000 | Inferred |
| 0.5 | 8.8 | 0.7 | 61,000 | Inferred |
| 0.7 | 3.2 | 0.9 | 28,000 | Inferred |
- Located in south west Poland (part of European Union)
- Simple production process – shallow deposit and heap leaching
- Close to infrastructure
- Historic open pit production: 20,000t @ 0.6% Ni
- Inferred Resource to JORC guidelines based on historic and recent mining and exploration data
