- Precious metals explorer Prospech (PRS) receives the final results from phase one drilling at the Zemplin prospect in Slovakia
- This phase one drilling program saw four holes be drilled to test the mineralisation at Zemplin
- Overall, a best silver grade of 1220g/t was intersected from all holes
- According to Managing Director Jason Beckton phase two drilling is expected to occur in late August to September
- Shares in Prospech are steady on the market and trading at 14 cents at 2:21 pm AEST
Precious metals explorer Prospech (PRS) has received the final results from phase one drilling at the Zemplin prospect.
The Zemplin prospect is part of the Cejkov-Zemplin Project which lies within the Eastern Slovakian neovolcanic belt.
This phase one drilling program saw four holes, for 794.5 metres, drilled to test the mineralisation.
Best results from the program include 4.3 metres at 201 grams of silver per tonne (g/t) from 92.5 metres including 0.5 metres at 1220g/t silver from 92.5 metres; and six metres at 117g/t silver from 94 metres including 1.8 metres at 291g/t silver from 97.2 metres.
Overall, the drilling intersected more than 40 epithermal veins hosted within zones of hydrothermally altered volcanics.
Prospech believes the main silver zone trends further west than previously interpreted and will undertake further drilling at depth and along strike.
Additionally, there is potential for gold mineralisation at depth as is present at the neighbouring property at Brehov.
Managing Director Jason Beckton is pleased with the results and is ready to begin phase two work.
“The Zemplin prospect final assay results included some additional sampling of all four holes to ensure contiguous sampling of mineralised zones which will enhance interpretations,” Mr Beckton said.
“Permitting of phase two drilling is currently being undertaken, with this drilling anticipated to occur in late August to September 2021.”
Shares in Prospech were steady on the market and trading at 14 cents at 2:21 pm AEST.