WITH AN 8 million dollars exploration budget, Tennant Creek Gold Ltd should have drilled out the Main Zone at its Manbarrum zinc/lead/silver project in the Northern Territory by September. The company has already outlined an initial inferred JORC resource estimate of 10.5 million tonnes grading 3 percent zinc, 0.74 percent lead and 5.5 grams/tonne silver for the Sandy Creek deposit. Another company that obviously has its eye on the project is CBH Resources Ltd, which recently bought a 5 percent stake in Tennant Creek for 2.5 million dollars.
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机译:Tennant Creek Gold Ltd拥有800万美元的勘探预算,应该在9月之前在北部的Manbarrum锌/铅/银项目中钻出主要区域。该公司已经初步估算出JORC的初步资源估算为1,050万吨,其中Sandy Creek矿床含锌3%,铅0.74%和银5.5克/吨银。另一个显然关注该项目的公司是CBH Resources Ltd,该公司最近以250万美元购买了Tennant Creek 5%的股份。
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