AI assistant
LEGEND MINING LIMITED — Regulatory Filings 2002
Nov 26, 2002
65223_rns_2002-11-26_8bbdd136-6b4c-4b98-8f0b-d988c1ee3639.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
FAXSIMILE TRANSMISSION SHEET
Suite 305 ( $3^{rd}$ Floor), Angela House, 30-36 Bay Street
DOUBLE BAY NSW 2028 AUSTRALIA
ALL CORRESPONDENCE TO: PO BOX 366 DOUBLE BAY NSW 1360 AUSTRALIA
Telephone: (61 2) 9327 2553 Fax (61 2) 9327 2028
| TO: Company's Announcement Officer | FROM: Mr Leslie White |
|---|---|
| Australian Stock Exchange | CHAIRMAN |
| East Coast Minerals N.L. | |
| FAX: 1300 300 021 | DATE: 27 November 2002 |
| PHONE - | NO OF PAGES: #2 (including this page) |
MESSAGE:
Dear Sir/Madam,
Attached please find an announcement by East Coast Minerals dated the 27 November 2002.
Yours faithfully
$-6e$
Leslie White CHAIRMAN
$\rm Enc$
EAST COAST MINERALS N.L.
ACN 000 738 885
ABN 82 000 738 885
Suite 305 (3rd Floor) Angela House, 30-36 Bay Street DOUBLE BAY NSW 2028 AUSTRALIA
ALL CORRESPONDENCE TO: P.O. Box 366, DOUBLE BAY NSW 1360 AUSTRALIA Tel: (61 2) 9327 2553 Fax: (61 2) 9327 2028 e-mail: [email protected]
PROGRESS REPORT
Elizabeth Hill Silver Project - West Pilbara, WA
Munni Munni Joint Venture
East Coast Minerals N.L. (66.2/3 %) Legend Mining Limited (33.1/3 %) With the right to increase to 50%
Out of a planned 4000m of drilling, 26 holes totalling 3004m have been drilled with visible silver in 3 holes (AG 29, 30 and 52). No assay results are available at the moment, so the grades are unknown. It is possible that more silver may be present as numerous holes in the vicinity of the mine have intersected alteration both within the pyroxenites and the granites.
The AG 30 silver intercept is particularly interesting as it appears to be across a structure parallel to the Munni Munni Fault, possibly the Magazine Hill Fault.
All holes drilled during the current program have successfully intersected the targeted major faults. The Munni Munni Fault south of the fence line appears to be largely compressional with only minor carbonate alteration, whereas north of the fence line- the old mine area- the fault is extensional with good alteration and silver mineralisation. The Elizabeth Hill Fault is a low angle fault that dips north at 20-30 degrees. Alteration appears to be limited along this fault and no definite silver mineralisation has been found.
Most of the remaining drilling will concentrate on the area around and immediately south of the old mine shaft.
The drilling is expected to finish in approximately one week's time and a report with all results and interpretations will be announced when all assay results are available.
ON BEHALF OF THE BOARD OF EAST COAST MINEXALS N.L. Ĺ. WHITE Chairman
27 November 2002
The information on mineralisation contained in this report accurately reflects information compiled by a Competent Person (as defined by the Australian Code for Reporting of Identified Mineral Resources and Ore Reserves) with relevant experience in relation to such mineralisation.
÷