February 04, 2010

Harz Minerals GmbH is prospecting for a SEDEX deposit near the World class Rammelsberg mine in the Harz Mountains, northern Germany.

Presently, the first phase of its drilling programme in the Gosetal area has been completed. This first phase was aimed at a relative shallow target, formed by a folded conductor at 100-300 m depth.

Three out of the ten originally planned drill holes have now been drilled successfully. The first phase of the drilling included evaluation of the drill core, and down-hole and ground electromagnetic surveys. The results confirmed the modeled fold geometry of the shales in the underground. The near-surface conductor, that was predicted based on modeling of the 2008 airborne TEM data, could not be confirmed. But down-hole EM soundings indicated the presence of a conductor at ca. 500 m depth. A relatively deep conductor is also predicted by the low frequency component of the EM data from the 2008 airborne TEM survey. This deep location places the conductor at stratigraphic level that is similar to that of the close-by Rammelsberg mine. Further geophysical surveys will be carried out within the coming weeks to try and obtain a better definition of the deep conductor.

After evaluation and modeling of these new geophysical data, drilling will continue to try and hit this deeper target.

 

Last updated: May 11, 2012