ZZL Zeehan Zinc

 

TIDMZZL 
 
 
Zeehan Zinc Limited 
23 June 2009 
 
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23 June 2009 
 
 
Zeehan Zinc Limited 
 ("ZZL" or the "Company") 
 
 
Exploration Update 
 
 
Encouraging Geophysical Responses Identified by the SkyTEM Airborne EM Survey 
 
 
Introduction 
Zeehan Zinc Limited announces the completion of a High Resolution Airborne 
Electromagnetic and Magnetic ("EM") Survey over the entirety of its licences in 
Western Tasmania, Australia. The completion of this programme signifies the 
first step in a major exploration programme being undertaken by the Company 
during 2009/10. The aim of the survey was to detect anomalous conductive 
responses in the EM data that could be directly targeted for base metal 
mineralisation. 
 
 
Methods 
A 'Skytem' helicopter borne time-domain electromagnetic survey was flown by 
Geoforce Pty Ltd for Zeehan Zinc Ltd. The survey was centred around the old 
mining township of Zeehan, and included the entire areas held under tenements 
EL18/2003, EL30/2002, and EL20/2002 (Figure 1). A SkyTEM EM data acquisition 
system was used, together with a Scintrex CS-2 magnetometer attached to the 
frame. The survey was flown to detect stratiform base-metal deposits and 
Avebury-style Nickel mineralisation. 
 
 
Results and Continuing Exploration 
The airborne survey produced a large number of strong responses which have been 
split into six levels of interest. It is proposed that the two highest levels of 
interest will be investigated first as these are the most likely candidates to 
fit our target exploration model. 
 
 
The conductors have further been split into six zones which represent larger 
structures. The continuing exploration for 2009 will focus on the two most 
prospective of these areas: The Comstock Conductive Zone and The Tenth 
Legion/Kynance mineral occurrences. 
 
 
The Company will now undertake Stage Two of the program which will consist of 
ground reconnaissance and mapping, Ground EM and magnetic surveys, and soil 
geochemistry. The results for this program will be available later in the year 
and will culminate in the initiation of Stage Three in early 2010 which will 
consist of shallow drilling to finally determine the nature of the conductors 
and potential new resources. 
 
 
These results show there is real potential within our exploration licences and 
the Company is committed to continuing its exploration operations at the same 
time as pursuing aggressive expansion plans and making the most of the current 
global financial climate 
A full version of this announcement, including Figure 1, can be found on the 
Company's website www.zeehanzinc.com. 
 
 
The interpretations contained in this report are based on the training and 
experience of the author geophysicist, Kate Godber of Mitre Geophysics Pty Ltd 
and information passed on during the course of the investigation.  As with all 
geophysical data, multiple interpretations are possible. Strong EM responses may 
be caused by non-metallic conductors such as graphitic rocks or salty water, or 
metallic but barren conductors like pyrite and pyrrhotite. In addition, not all 
styles of economic sulphide mineralisation give a recognisable EM response (e.g. 
broadly disseminated deposits can give no response), and some geological 
conditions produce anomalous EM responses that are not associated with economic 
sulphides. In this area particularly, large stratigraphic (graphitic) conductors 
cause strong EM responses that are not attributable to sulphide mineralisation. 
For further information please visit www.zeehanzinc.com or contact: 
+-----------------------------------------+----------------------------+ 
| Zeehan Zinc Limited                     | Tel: +61 (03) 6216 2705    | 
| Yasmine Healy                           |                            | 
|                                         |                            | 
+-----------------------------------------+----------------------------+ 
| Nominated Adviser, Grant Thornton UK    | Tel:+44 (0) 20 7383 5100   | 
| LLP                                     |                            | 
| Philip Secrett, Maureen Tai             |                            | 
|                                         |                            | 
+-----------------------------------------+----------------------------+ 
| Broker, Alexander David Securities      | Tel: +44 (0) 20 7448 9800  | 
| Limited                                 |                            | 
| Ian Rice, Nick Martin                   |                            | 
|                                         |                            | 
+-----------------------------------------+----------------------------+ 
| Bankside Consultants, PR                | Tel: +44 (0) 20 7367 8888  | 
| Simon Rothschild, Oliver Winters        |                            | 
+-----------------------------------------+----------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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