Ausquest: Completes drilling at Tangadee zinc project

  • Minerals explorer Ausquest (AQD) has completed a reverse circulation drilling program at its Tangadee zinc project in WA’s Edmund Basin
  • The RC drilling targeted an area of zinc-thallium soil anomalism, which graded over 1000 parts per million (ppm) zinc and more than 5 ppm thallium
  • The drilling intersected over 200 metres of black carbonaceous mudstones containing fine-grained pyrite, but no visual signs of zinc mineralisation
  • AusQuest Managing Director Graeme Drew says it’s likely positive results will returned, as pyritic black mudstones are common host rocks for zin
  • Samples have sent to the Genalysis Intertek Laboratory in Perth for analysis, with assays expected in coming weeks
  • Ausquest is trading 6.45 per cent lower at 2.9 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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