Drilling commences on Weixi Zinc Project
(CNW)
Updated:
2007-01-09 10:03
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Red Dragon Resources Corp. (TSXV: DRA) (the "Company") is pleased to announce the following updates for the Company's Weixi Zinc project located in Yunnan Province in southwestern China.
Diamond drill testing of the Weixi prospect has commenced. The initial target being tested is referred to as the "main zone" from which surface sampling has previously been reported on. Mineralization is exposed on surface over a continuous strike length of 700 metres, with widths varying from 50 to 100 metres. A total of 61 samples of scree, dump material, and outcrop within this area returned an average grade of 9.06% zinc, 4.77% lead, and 26.4 grams/tonne silver.
The initial program will involve drilling approximately 10-12 holes, with further drilling dependent upon results.
Malcolm Forbes is the Qualified Person pursuant to NI 43-101. Mr. Forbes is supervising the drill program and is responsible for establishing the sampling procedures and quality assurance.
Red Dragon Resources Corp. is a mineral exploration company actively involved in base and precious metals and uranium exploration in Canada and China.
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