Results of Recent Drilling
16 Août 2006 - 9:01AM
UK Regulatory
RNS Number:7185H
Tarquin Resources PLC
16 August 2006
TARQUIN RESOURCES PLC
("Tarquin" or "the Company")
RESULTS OF RECENT DRILLING - LAS PASCUALAS PROJECT, CHILE
London : 16th August 2006. In June 2006 the directors of Tarquin (AIM : TQN),
the copper exploration company operating in Chile, announced an inferred
resource, JORC code compliant, of 13.87million tonnes of 1.01% Cu at the
northern part of the Las Pascualas project area in Chile. This was based on a
200m x 200m grid of Reverse Circulation drill holes and additional underground
adit sampling. The resource represents an enrichment zone of chalcocite on top
of which lies a zone of lower grade copper oxides which was not included in the
resource estimate.
A programme of infill drilling of 52 drill holes with a 100m x 100m spacing is
almost complete and a list of results received to date is attached. It is
anticipated that this infill programme will lead to a significant increase in
the size of the resource and bring it to a JORC code compliance "indicated
resource" standard.
NB The gaps in the assays represent material still at the lab or holes to be
drilled. Drilling has not been conducted in sequence i.e. the sites are given a
number but drilling takes place not in order of number but in a sequence based
on the geological interpretation and its verification.
The independent international group SRK Consulting has been retained to complete
the updated resource estimate which will be ready for release in mid-October
2006.
Upon completion of the infill drilling at Pascualas North later in August,
Reverse Circulation drilling will commence on the nearby Pascualas East and
Pascualas South exploration prospects.
The information set out above is based on data compiled by Roger Shakesby, who
is a Director of the Company and Consulting Economic Geologist. Mr Shakesby is
a Member of the Australasian Institute of Mining and Metallurgy and the
Geological Society of Australia. He has a B.Sc from the University of Durham in
Geology and Geography and has 45 years experience in the mining industry. His
knowledge gained in PNG, the Philippines, the USA and Chile is relevant to the
style of mineralisation and deposit formation in Chile.
Mr Shakesby has consented to the inclusion of the data in the form and context
in which it appears.
About Tarquin Resources plc
The Company holds a 51% three years' option interest in two Chilean copper
exploration prospects, Las Pascualas and El Morado.
For further information contact:
Tarquin Resources plc
Yve White +44 (0) 20 7514 1480
Pelham Public Relations
Kate Newton +44 (0) 20 7743 6604
PRELIMINARY RESULTS OF THE 100 m X 100 m INFILL PROGRAM IN PASCUALA NORTH
HOLE No LENGTH CUM. LENGTH ENRICHMENT ZONE NOTES
(m) (m) FROM (m) TO THICKNESS (m)
(m)
LP-23 114 114 4 12 8 High Grade Ox. Vein. 8 m @ 2,38% CuT
78 107 29 Enrich. Zone. 29 m @ 1,12 % CuT
LP-24 130 244 88 120 32 Enrich. Zone. 32 m @ 0,62 % CuT
LP-25 120 364 105 109 4 Enrich. Zone. 4 m @ 1,00 % CuT
LP-26 96 460 Barren
LP-27 126 586 61 79 18 Enrich. Zone. 18 m @ 0,87 % CuT
LP-28 124 710 92 115 23 Enrich. Zone. 23 m @ 1,23 % CuT
LP-29 100 810 31 35 04 Enrich. Zone. 04 m @ 1,30 % CuT
38 42 04 Enrich. Zone. 04 m @ 1,46 % CuT
49 86 37 Enrich. Zone. 37 m @ 0,85 % CuT
LP-30 140 950 115 128 13 Enrich. Zone. 13 m @ 1,44 % CuT
136 140 04 Enrich. Zone. 04 m @ 0,54 % CuT
LP-32 186 1.136 93 109 16 Enrich. Zone. 16 m @ 0,64 % CuT
121 132 11 Enrich. Zone. 11 m @ 0,58 % CuT
143 161 18 Enrich. Zone. 18 m @ 0,93 % CuT
167 186 19 Enrich. Zone. 19 m @ 1,18 % CuT
LP-33 140 1.276 107 118 11 Enrich. Zone. 11 m @ 1,18 % CuT
LP-35 130 1.406 88 108 20 Enrich. Zone. 20 m @ 0,87 % CuT
LP-37 60 1.466 32 35 03 Enrich. Zone. 03 m @ 0,58 % CuT
LP-41 130 1596 73 76 03 Enrich. Zone. 03 m @ 1,06 % CuT
81 99 18 Enrich. Zone. 18 m @ 0,61 % CuT
109 113 04 Enrich. Zone. 04 m @ 1,25 % CuT
123 130 07 Enrich. Zone. 07 m @ 0,49 % CuT
LP-42 62 1.658 49 58 09 Enrich. Zone. 09 m @ 0,96 % CuT
LP-43 144 1.802 115 133 18 Enrich. Zone. 18 m @ 1,44 % CuT
LP-44 143 1.945 132 135 03 Enrich. Zone. 03 m @ 0,38 % CuT
LP-45 78 2.023 63 68 05 Enrich. Zone. 05 m @ 0,70 % CuT
LP-46 50 2.073 Barren
LP-47 47 2.120 Barren
LP-49 114 2.234 90 95 05 Enrich. Zone. 05 m @ 0,71 % CuT
LP-50 59 2.293 45 47 02 Enrich. Zone. 02 m @ 1,36 % CuT
LP-51 36 2.329
LP-53 85 2.414 58 69 11 Enrich. Zone. 11 m @ 0,52 % CuT
LP-54 100 2.514 59 62 03 Enrich. Zone. 03 m @ 0,70 % CuT
67 71 04 Enrich. Zone. 04 m @ 0,48 % CuT
LP-55 90 2.604 46 55 09 Enrich. Zone. 09 m @ 0,52 % CuT
60 70 10 Enrich. Zone. 10 m @ 0,43 % CuT
78 84 06 Enrich. Zone. 06 m @ 0,54 % CuT
LP-56 36 2.640
LP-68 30 2.670
LP-69 80 2.750 Barren
LP-70 60 2.810 Barren
This information is provided by RNS
The company news service from the London Stock Exchange
END
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