Colt Resources has obtained final analytical results from four holes drilled during its current program carried out at the company’s Tabuaço tungsten project. This project is situated in the Armamar-Meda concession, North Portugal.
In addition, final analytical results have been obtained by the company from two holes drilled during the current program conducted at the Aveleira tungsten deposit, which has been discovered recently in a similar concession. This deposit is located around at 700 m towards the northern part of the delineated resource found at Tabuaço.
The company drilled the hole DHT-52 at Tabuaço and the hole was an infill hole drilled on a vertical section line 1250. This hole continues to demonstrate strong, continuous and tabular scheelite mineralization, which is downdip from the outcrop found in the resource region.
Hole DHT-55 was specifically drilled to examine the inferred resource area expansion at the company’s west border present beneath the granite contact. The company identified weak skarn development in this hole DHT-55.
The company encountered poor core recovery in the upper part of the key mineralized horizon in the hole DHT-50, located at the Aveleira exploration region. Natural dissolution cavities resulted in this poor core recovery. This natural weathering method may get reduced down dip and will not affect the prospective of this mineralized horizon.
DHT-50 and DHT-53 hole results along with those results obtained from the Aveleira discovery hole DHT-49 has shown a strike length of more than 60 m in the Aveleira deposit.