Marindi Metals Announces Drilling Commences at Newman Base Metal Project

Marindi Metals Limited (ASX: MZN) are pleased to advise that reverse circulation (RC) exploration drilling has commenced at the Newman base metal project, located 60km west of the town of Newman in the Pilbara, Western Australia.

The drill program will be divided into two parts. Stage1 will test the Prairie Downs Fault Zone (“PDFZ”) north west of the Prairie deposit and Stage 2 will focus on the south east portion of the PDFZ. It is expected that drilling will continue into early December and the program will range between 6000m-10000m of RC drilling, dependent on results.

The drilling has been designed to test for zinc-lead-silver mineralisation along 23km of the prospective Prairie Downs Fault Zone, (PDFZ). Initial drilling will be focused north west of the Prairie Deposit (3mt @ 5% Zn, 2% Pb and 15g/t Ag) and the Wolf Zn-Pb-V prospect.

No drilling has previously been undertaken on the PDFZ along strike of the Wolf prospect and Marindi will be testing 8km of this structure. Detailed soil sampling has outlined several strong targets and these will be the subject of close spaced drilling. In those areas where soil sampling was ineffective, Marindi will test the PDFZ by drilling fence lines of overlapping RC holes on lines spaced approximately 1 km apart.

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