RE: Silver alert12 Jul 2025 10:53
Https://www.lse.co.uk/rns/UFO/high-grade-silver-results-around-elizabeth-hill-fj6fn922oysk4uq.html
And this from the 1st but of drilling but done with a xrf hand held so off to the labs to be confirmed
Highlights:
ยท Hole 25WCDD001 intersected:
o 5m at 313g/t Silver (Ag) from 20m; and
o 5m at 2822g/t Ag from 26m; including
ยง 2m at 6951g/t Ag from 27m
ยท Hole 25WWCDD002 intersected 12m at 153g/t Ag from surface; including
o 1m at 973g/t Ag from 1m
ยท Silver mineralisation starts at surface in both holes (Appendix B - pXRF Results[1])
ยท Drill holes were strategically designed to test high-grade, shallow silver targets.
ยท Half-core samples dispatched to laboratory for assay; results expected in 6-8 weeks. High grade nature of the samples necessitates more comprehensive laboratory analysis.
ยท Systematic core logging underway to improve understanding of structural and lithological controls.
Robert Mosig, Technical Director, commented:
"These initial results from the Elizabeth Hill JV are highly encouraging. The intersection of exceptionally high-grade silver mineralisation from surface, particularly in the first hole, supports the historic production profile and confirms the potential for significant near-surface mineralisation. We look forward to the next phase of drilling and receipt of laboratory assays to further advance this high-grade project."