Polymetals Resources says updated Endeavor resource includes supergene zone

Proactive Investors

Published Jun 05, 2023 09:50

Updated Jun 05, 2023 10:00

Polymetals Resources says updated Endeavor resource includes supergene zone

Polymetals Resources Ltd (ASX:POL) said the recent resource update for its Endeavor Silver-Zinc-Lead Mine in Cobar Basin, New South Wales included a supergene zone which represented a cap on top of the northern pod of the mine’s Main Lode.

The company announced last month an increase in Endeavor’s contained silver by 2.9 million ounces to 8.9 million ounces within the Upper Main Lodes following the completion of a near-surface drilling program.

Read: Polymetals Resources upbeat about Endeavor restart with new high-value, silver-rich near-surface resources

The supergene zone has a total resource of 27,000 tonnes comprising 766,405 ounces of silver, 502 tonnes of zinc and 1,407 tonnes of lead.

Estimated tonnes and grade of the supergene zone.

Cross section of unmined near-surface Upper Main Lodes showing location of the supergene zone.

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