Ironbark Zinc hits more high grade zinc at Citronen

Ironbark Zinc (ASX: IBG) has reported on further high grade drilling results received from the Citronen Base Metal Project in Greenland with hole CF10-215 including 5.4m at 12.3% zinc from 122m.

The holes represent extensional and infill holes. Drill results with assays exceeding 4% zinc include:

- CF10-212 4.5m at 4.4% zinc from 133m;
- CF10-214 14m at 5.7% zinc from 94.7m including 3m at 14.8% zinc from 102.7m; and
- CF10-215 10.5m at 8.0% zinc from 121.5m including 5.4m at 12.3% zinc from 122m.

Jonathan Downes, managing director, said additional drill results are awaited and drilling will remain ongoing 24 hours per day until the completion of the field season in September.

Engineering, design and development work is ongoing and on schedule towards completing the Feasibility Study.

Citronen currently hosts in excess of 10 billion pounds of zinc (Zn) and lead (Pb).

The current JORC compliant resource for Citronen (November 2008) is 55.8 million tonnes at 6.1% zinc (Zn) + lead (Pb). It has an Indicated resource of 29.9Mt @ 5.8% Zn and 0.6% Pb and Inferred resource of 25.9Mt @ 5.0% Zn and 0.7% Pb.