Site Map    Contact Us

Share Price

Stock CRHL
GBX
Change +0%
Last Updated (UK Time)

more information ......

Metals Prices

Loading...
Cash Ask (USD / MT)
for

Latest News

Notice of Results 2018 AGM
30-Nov-2018

30 November 2018 Creat Resources Holdings Limited ("CRHL" or "the Company") Result of Annual General Meeting Creat Resources Hold..

Notice of AGM and Posting of Proxies
23-Oct-2018

Creat Resources Holdings Limited (ACN 089 093 943) NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT ..

Notice of AGM and posting of Annual Report 2017
28-Sep-2017

Creat Resources Holdings Limited ("CRHL" or "the Company") Notice of General Meeting and Posting of Annual Report Creat Re..

Exploration Programme Update 14-Mar-2012

RNS Number : 3514Z
Creat Resources Holdings Ltd
14 March 2012

14 March 2012

Creat Resources Holdings Limited

("CRHL")

Exploration Programme update

Further to the announcement on 22Nov 2011, Creat Resources Holdings Limited (the "Company") (AIM: CRHL) is pleased to announce thefirst batch sampleresults from the 2012 drillingprogramon EL30 and EL20, located inthe West of Tasmania, Australia.

 

The Company's 2012 drilling program continues from the 2011 program was designed to test a mineralized zone extending along strike east of known mineralisation found within the Comstock Retention Licence and confirm potential new Lead-Zinc resources at the Austral Project in EL20.

 

Three diamond drill holes were completed withresults which confirm the handheld XRF readings taken previously, as follows:

 

Drillhole

Area

Exploration Licence

From(m)

To(m)

Interval(m)

Aver-Lead(%)

Aver-Zinc(%)

AU002

Austral

EL20

167

169

2.0

1.24

0.63

176

213

37.0

1.86

0.67

256

278

22.0

1.66

0.34

SY159

East of Comstock

EL30

129

135

6.0

0.69

3.37

SY160

85

86

1.0

3.17

3.02

 

 

Comstock East Project

Two diamond drill holes have been completed at the Comstock East Prospect, SY159 and SY160. These holes were designed to test the possible extension of theknown Bossmineralised zonewithin the Comstock Retention Licence,further to theeast. CRHL holds aNWW trending mineralized zonebetween the Stellar Resources Ltd Queen Hill Tin Project and the recently acquired RMG Ltd Stonehenge lease. Thismineralized zonecontinues to the western boundary of the Company's EL20/2002 lease.

Prior to these two holes being completed the most easterly hole drilled was SY011 which had a mineralised intersection of 3.66% Lead and 10.97% Zinc over 5m from 152m. SY159, the first hole drilled is approximately 400m east along strike fromSY011. Diamond drill hole SY160 located another 230meastof SY159 also intersected two narrow zones of mineralisation. It appears the mineralised zone is shallowing towards theeastand splaying closer to the surface into multiple zones, whichrecommended that future drilling be completed between SY011 and SY159 to furtherconfirmthe zone.

Austral Project

Two more diamond drill holes were completed at this project to test further known mineralised zonesat Austral. AU002 was drilled in the Austral valley to the west under historical drill hole ZT-79-1A. AU002 confirms the down dip continuation of the mineralised zone located in the earlier hole as well as intersecting an unknown secondary zone further down hole. It also demonstrates continuity along strike from AU001. This drill holeindicates increased thickness, down dip, of the mineralised zone. Although leadand zincvalues are lower the anomalous zinc values are consistent with previous drilling. The potential for high grade lead and zinc in a mineralized zone appears possible at depth after careful consideration of the geology.

Thefurther drill holetotest down dip continuity from AU001 and AU002could be warranted. Alsoa further diamond drill hole, AU004, has been planned and approved which is positioned to the north east of AU002 to test the extent of the zone along strike.

For further information please visitwww.creatresources.com or contact:

 

Creat Resources Holdings Limited

 

Tel: +61 3 6216 2700

Morris Hansen

 

 

 

 

 

Evolution Securities Limited (Nominated Adviser)

Evolution Securities China Limited (Broker)

 

Tel: +44 20 7071 4300

Tim Worlledge

 

 

Esther Lee

 

 

 

 

About Creat Resources Holdings Limited

 

CRHL is an early stage mining exploration company holding 4 Exploration Licences and 3 Retention Licences covering 109 square kilometres around the mineral rich Zeehan area in western Tasmania. CRHL also has a strategy of acquiring assets in interesting resources companies that complement or supplement the Company's exploration activities. CRHL is a major shareholder of Galaxy Resources Ltd ("Galaxy") with an interest of 11.78% shareholding. Galaxy is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange (Code: GXY) and is a S&P/ASX 300 Index Company. Galaxy plans to be one of the world's largest lithium carbonate producers and is positioning itself to be involved in every step of the lithium supply chain.