Discovery Metals Limited (DME)

Discovery Metals Limited (DME) – Regional Exploration Success at the Quirinus Prospect

Discovery Metals Limited (DME) has announced results from the first three exploration drill holes into the Quirinus prospect. The Quirinus prospect is located 15 kilometres from the current mineral resources at Zeta, Plutus and Petra in north west Botswana

•         All three holes Reverse Circulation (RC) drilled in the Quirinus prospect have intersected copper – silver mineralisation.
•         Assay results include: 4m @ 1.7% Cu and 13g/t Ag; and 6m @ 0.9% Cu and 14g/t Ag, including 2m @ 1.5% Cu and 25g/t Ag.
•         These results reinforce the copper-silver prospectivity of the Discovery Metals, 100% owned tenement package in north west Botswana.
•         A diamond drill programme has commenced to enable definition of the intersected mineralisation.
•         The Quirinus prospect contains approximately 40 strike kilometres of potentially copper–silver mineralised stratigraphy.
 
Discovery Metals’ Managing Director, Mr Brad Sampson, said,
“To date we have been drilling in areas which will allow us to fast track the development of a significant copper mine at Zeta, Plutus and Petra. We have now successfully taken the knowledge and experience gained during this work into our regional exploration programme and have already identified another very prospective green field area at Quirinus. We believe that these results reinforce the potential for finding further mineralisation within Discovery Metals’ entire tenement package in north west Botswana. We know of a number of historic geochemical copper anomalies which have not been drill tested including a number in relatively close proximity to the existing Inferred Mineral resource at Zeta, Plutus and Petra”.
“We believe that we are exploring in an emerging and significant copper province”, he said.