Redzone Resources (REZ), a mineral exploration company, has declared that it has completed the 2011-2012 diamond drill program at the Lara Copper joint venture property located in South Peru.
REZ has also reported the drilling results. Before the Peruvian rainy season begins, the company drilled 4,700 m, totaling 10 diamond drill holes.
The 2011 drilling program aimed to find the potential of hypogene mineralization through analysis of the results from the magnetic and IP geophysical survey. This drill program was specifically designed for examining the level of the shallow oxide-enrichment.
The results of ddh-LA-45 have shown possible expansion of the mineralization footprint by 800 m from the original resource region towards the east and extension of the hypogene mineralization to a vertical depth of up to 300 m. The east west structures seem to strongly control the mineralized footprint.
This mineralized footprint has shown the expansion of the zone from 2 to 2.5 km towards east west and up to 1 km towards north south. It stays exposed towards the south west direction.
Canada-based Lions Gate Geological Contractors have evaluated the diamond drilling results. The company is currently conducting follow up testing and result compilation that are likely to be complete by March 2012. REZ will design an in-fill drill program and will have a goal to find the deposit’s resource potential.
The CEO and President of REZ, Mr. Michael Murphy stated that the company is delighted to report the results of the 2011 third quarter and the early 2012 exploration. REZ permitted, sampled, surveyed, mapped and drilled 4,700 m at the Lara project and expanded the footprint of the mineralization from the primary resource to a large mineralization system.
Source: http://www.redzoneresources.ca/