Perth - Ironbark Zinc Ltd. (Company) (ASX:IBG) advises that during ongoing metallurgical testwork a composite ore sample, see Figure 1 in link below, considered representative of the Beach Zone ore body of mineralisation was assayed, for the first time, for germanium (Ge) and returned an anomalous result of 24 parts per million (ppm). Germanium is known to replace zinc in the sphalerite (zinc sulphide) lattice in some zinc ore bodies and is generally observed, where mined, to report to the processed zinc concentrate where the grade is likely to increase pro-rata with the zinc grade. In the Citronen project the zinc is generally upgraded between 8 and 9 times to a predicted 53% zinc in concentrate grade.
The potential grade, continuity or value, if any, of any germanium is currently under investigation and will be reported in more detail in due course.
To view figures, please visit: http://abnnewswire.net/lnk/FF4D3307
About Ironbark Zinc Limited:
Ironbark Zinc Ltd. (ASX:IBG) (OTCMKTS:IRBGY) is listed on the Australian Securities Exchange and is seeking to become a base metal mining house. Ironbark has an undrawn US$50M funding facility provided by Glencore to expand its project base through acquisition.
Ironbark seeks to build shareholder value through exploration and development of its projects and also seeks to actively expand the project base controlled by Ironbark through acquisition. The management and board of Ironbark have extensive technical and corporate experience in the minerals sector.
The wholly owned Citronen base metal project currently hosts in excess of 13.1 Billion pounds of zinc (Zn) and lead (Pb). For full details refer to ASX announcement 25 November 2014 –Citronen Project Resource Update – JORC 2012 compliant resource.
Contact:
Jonathan Downes Managing Director Ironbark Zinc Ltd. Tel: +61-8-6461-6350 E-mail: admin@ironbark.gl
James Moses Media and Investor Relations Mandate Corporate Tel: +61-420-991-574 E: james@mandatecorporate.com.au Website: www.ironbark.gl
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