more copper assays still a good copper play?
cheers,
dave.
Hana Mining Continues to Hit High-Grade Copper-Silver Mineralization at the South Limb Area
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 17, 2012) - Hana Mining Ltd. ("Hana" or the "Company") (TSX VENTURE:HMG.V - News)(FRANKFURT:4LH) is pleased to announce its most recent drilling results from the completion of nine infill diamond drill holes in the Banana Zone at its Ghanzi sediment hosted Copper-Silver Project in Botswana.
Infill and down dip drilling was carried out on the South Limb Definition Area (between sections 64650 to 65525; Figures 1 and 2) to convert a substantial amount of the NI 43- 101 compliant resources within this area into the Indicated category from the Inferred category and to extend current Indicated resources down dip.
These results are from new holes and are in addition to those used in the most recent NI 43-101 compliant Inferred mineral resource calculation (see Table 1 at the end of this press release for the results from all 12 drill holes). The mineralization remains open at depth.
Highlights of recent drilling results:
-- The latest results continue to confirm the continuity of copper- silver mineralization at the South Limb Definition area of the Banana Zone. -- Core lengths intercepts of -- 2.13% CuEq(1) (1.81% Cu and 22.0 g/t Ag) over 2.6 metres within a wider mineralized interval of 1.10% CuEq(1) (0.95% Cu and 11.0 g/t Ag) over 6.2 metres in hole HA-451-D; -- 1.48% CuEq(1) (1.27% Cu and 14.0 g/t Ag) over 5.6 metres within a wider mineralized interval of 1.34% CuEq(1) (1.15% Cu and 13.0 g/t Ag) over 6.5 metres in hole HA-454-D; -- 1.98% CuEq(1) (1.65% Cu and 23.0 g/t Ag) over 4.5 metres in hole HA-449-D; -- 1.66% CuEq(1) (1.38% Cu and 19.0 g/t Ag) over 5.7 metres in hole HA-450-D. 1. Copper equivalent calculated using US$3.00/lb Cu, US$30/oz Ag and is not adjusted for metallurgical recoveries. The formula used is as follows: CuEq = Cu% + (Ag g/t x 0.01458).